- 2024-12-04T00:00:00
- Market Commentary
* NKG receives SSC’s approval for 2:1 rights issue
* Fishery Sector: Bright outlook for fishery exports in 2025
* GEX: Core NPAT to double in 2025F – Update
* MWG: Strong earnings growth outlook despite lower ICT forecasts – Update
* Market wrap: VN-Index slides 0.8% as large-cap stocks falter
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Market wrap: VN-Index slides 0.8% as large-cap stocks falter
The VN-Index slid 0.8% (-9.4 pts) to close the trading day at 1,240.4. The index faltered as large-cap stocks from various sectors declined, including the majority of the VN30 group. Throughout the index, there were 109 gainers, 281 laggards, and 65 stocks that were unchanged. Total trading volume declined compared to the previous trading day to USD547.0mn.
* In the banks sector, BID (-1.9%), CTG (-1.4%), VPB (-1.0%), and LPB (-1.5%) plunged. VCB (+0.5%) and ACB (+0.2%) gained.
* In real estate, VHM (-1.9%), BCM (-1.8%), VRE (-2.3%), and NVL (-0.9%) posted sharp declines.
* Basic materials stocks saw heavy losses, with GVR (-1.8%), HPG (-0.9%), DGC (-1.4%), and DCM (-0.8%) falling.
* Other noteworthy laggards included retailer MWG (-2.2%), milk producer VNM (-0.9%), food & beverage conglomerate MSN (-0.6%), oil & gas company PLX (-1.9%), and airline HVN (-2.0%).
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