According to information announced by Licogi 14 JSC (L14), Mr. Pham Gia Khanh, son of Mr. Pham Gia Ly, Chairman of the Board of Directors, registered to buy 50,000 shares, expected transaction from January 2 to February 2.

If successful, the son of Licogi 14's chairman will hold 50,000 shares, equivalent to 0.162% of charter capital. Before this transaction, Mr. Khanh did not own any L14 shares.

Closing session on December 29, L14 shares were at 45,100 VND/share. Temporarily calculating at this price, Mr. Khanh can spend about 2.255 billion VND to buy shares.

In the third quarter of 2023, Licogi 14 recorded revenue of VND 22.94 billion, down 34.6% year-on-year, and after-tax profit of VND 7.33 billion, down 9.7% year-on-year.

Accumulated in the first 9 months of 2023, the company recorded revenue of 67.12 billion VND, down 48% over the same period and after-tax profit recorded a profit of 15.61 billion VND compared to a loss of 15.6 billion VND in the same period.

In 2023, the stock market recorded many stock transactions of the children of the presidents.

Mr. Pham Nhat Quan Anh, son of billionaire Pham Nhat Vuong, successfully purchased 150,000 ESOP shares of Vingroup Corporation (VIC), with a transaction value of 1.5 billion VND.

Ms. Ho Thuy Anh, daughter of Chairman of the Board of Directors Ho Hung Anh, has completed the purchase of more than 67.68 million Techcombank (TCB) shares.

Ms. Doan Hoang Anh, daughter of Mr. Doan Nguyen Duc (Bau Duc), Chairman of the Board of Directors, registered to buy 1 million shares of Hoang Anh Gia Lai (HAG).

Listed company news

The stock market has a number of other important events of listed companies.

* SGB : The State Bank has just issued a document approving the proposal to increase charter capital in 2023 of Saigon Joint Stock Commercial Bank for Industry and Trade (Saigonbank) by an additional VND 308 billion, to VND 3,388 billion through paying stock dividends at a rate of 10%.

* DCM : In 2023, Ca Mau Petroleum Fertilizer Joint Stock Company exceeded the annual plan target with estimated revenue of VND 13,572 billion and pre-tax profit of VND 1,031 billion.

* TCI : Ho Chi Minh City Stock Exchange (HOSE) has approved the listing of Thanh Cong Securities Corporation shares.

* HNA : On January 12, more than 235.2 million shares of Hu Na Hydropower JSC will be officially listed on HOSE.

* VTR : In 2023, Vietnam Tourism and Transport Marketing Joint Stock Company (Vietravel) recorded an estimated revenue of nearly 6,000 billion VND, an increase of 56% compared to 2022. In the fourth quarter alone, Vietravel's revenue is estimated to reach 1,435 billion VND, a record number surpassing even before the pandemic.

* TTF : Truong Thanh Wood Industry Group Corporation has transferred all shares at Vietones Corporation and officially no longer owns shares in this unit.

* GKM : APG Securities JSC, a major shareholder of GKM Holdings JSC, bought more than 580,000 shares on December 25-26. This organization holds more than 5.86 million shares, accounting for 18.65%.

* SHI : Ms. Dang Hong Nhung, a major shareholder of Son Ha International Corporation, sold 170,000 shares on December 26. Ms. Nhung still holds more than 8.08 million shares, accounting for 4.995%, and is no longer a major shareholder.

* POM : Ms. Do Thi Nguyet, sister of Mr. Do Duy Thai, Chairman of the Board of Directors of Pomina Steel JSC, sold all of her more than 1.2 million shares. The transaction was conducted from December 21 to December 25, by negotiation and order matching.

* BWE : Mr. Nguyen Thanh Dong, an individual related to Mr. Nguyen Van Thien, Chairman of the Board of Directors of Binh Duong Water - Environment JSC, sold 500,000 shares from December 25 to December 29 by order matching and negotiation.

VN-Index

At the end of the session on December 29, VN-Index increased by 1 point (+0.09%), to 1,129.93 points. Total trading volume reached 710.85 million units, worth more than 15,774 billion VND.

HNX-Index decreased 0.31 points (-0.13%) to 231.04 points. Total matched volume reached more than 68.73 million units, worth VND1,259.2 billion.

UPCoM-Index increased by 0.07 points (+0.09%), to 87.04 points. Total matched volume reached 41.39 million units, worth VND460.21 billion.

Demand continued to be maintained in the last session of 2023, helping the market maintain its upward momentum, but investor sentiment was also more cautious as the VN-Index approached the old peak.

According to records, capital flows into industry groups are still differentiated. In which, chemical stocks are the group that attracts good demand in the last session of the year with an increase of approximately 2.2%.

Market assessment, Vietcombank Securities believes that VN Index will have adjustment sessions with an amplitude of around 10 points.

Investors should monitor and follow market developments closely and have a reasonable investment plan. The market will have correction sessions, investors following the T+ swing trading strategy can consider realizing partial profits and disbursing to buy back during market fluctuations.

FPTS's 2024 Outlook Report said that the expected volatility scenario for VN-Index in 2024 is the Middle Bull Market of the 6th cycle. In which the main trend is price increase and the volatility target is towards the 1,400 point area.

Mr. Le Duc Khanh, Director of Investment Capacity Development, VPS Securities, believes that 2024 will have more positive signals when the VN-Index can increase to the 1,250-1,280 point area or even reach the 1,350 point mark. The new year will probably be a more favorable year with more opportunities in the stock market.