•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
VN-Index rebounded after three weeks of declines, with banks and VHM leading the rally. The market’s recovery was broad-based across banks and several large-cap stocks, helping VN-Index erase nearly 25 points in the week of 23-27/03, although VIC remained the biggest drag. The VN-Index finished the week at 1,672.8 points, up 25 points, or 1.52% from the previous week. On the Hanoi Exchange, HNX-Index also rose 9 points, about 3.66%, to 252.36 points.
Liquidity showed signs of recovery, though gains were modest. On HOSE, average daily trading volume reached nearly 903 million shares per session, up more than 1.5% week-on-week. On HNX, average liquidity reached nearly 90 million shares per session, up over 2.3%.
The rally was led by bank stocks and VHM. The index’s rebound primarily came from bank stocks and several large-cap names. VPB contributed nearly 2.5 points, CTG more than 2 points, VCB about 1.4 points, and TCB more than 1.2 points. VHM was the biggest contributor with close to 2.8 points. Another member of the Vingroup ecosystem, VPL, added more than 1.5 points to the main index.
Other names including TCX, BVH, GVR and HVN also supported the market with contributions of 1-2 points.
On the downside, VIC continued to drag the VN-Index, taking away nearly 3.2 points for the week and maintaining a multi-week negative impact. The weakness was linked to the Monday 23/03 close at the lower limit. Some other stocks, including MCH and STB, also posed downward pressure.
The VN30 basket showed a clearer improvement, with 23 of 30 constituents rising during the week. Leading contributions came from VPB, up more than 4.9 points; HPG, up over 3.9 points; FPT, up about 3.2 points; and MWG, up nearly 2.8 points.
On the downside, STB was the most negative, dragging nearly 4.3 points, while VIC fell by over 2.4 points and DGC declined by more than 1.2 points.
On the Hanoi Exchange, the market was buoyed by blue chips. KSF contributed almost 2.9 points, while IDC, HUT, and PVS also supported. In contrast, NTP and BAB contributed only marginally to declines.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
