HCMC – FPT Corporation (HOSE: FPT) has signed a memorandum of understanding with Egypt’s Information Technology Industry Development Agency (ITIDA) to advance digital transformation and expand technology services in the country.
The agreement will support Egypt’s plan to strengthen its position as a regional IT hub. FPT will provide technology solutions, advisory services, and AI-powered tools through its global delivery network.
FPT said it will work with ITIDA to promote digital adoption across sectors, create job opportunities, and make use of Egypt’s local talent for international projects.
ITIDA will back FPT’s expansion by linking the company with local partners and government bodies. It will also support training and talent development through connections with universities and access to the software engineering competence center, industry data, and telecom infrastructure.
Closing the trading session today, November 24, FPT edged down 0.6% to VND100,200, with a trading volume of over five million shares.
The VN-Index closed higher on Monday, lifted mainly by strong gains in Vingroup-related stocks, even as most shares on the Hochiminh Stock Exchange (HOSE) ended down.
The benchmark index rose 13.05 points, or 0.79%, to 1,667.98, with 123 winners and 186 losers. Stock trade reached 576.4 million shares worth VND17.36 trillion, down 21% in volume and 14% in value over the previous session. Block deals accounted for 54.3 million shares valued at VND1.94 trillion.
Vingroup-related stocks were the main drivers. VRE surged to its ceiling price of VND34,450, with more than 26 million shares traded. VHM climbed 3.4% to VND102,700 and VIC advanced 4.3% to VND239,500.
Other large-cap gainers included VJC and VNM, both up 5.2%. Together, bluechips added more than 16 points to the VN-Index.
Decliners outnumbered gainers, though most losses stayed below 1%. STB dropped 2.5%, while HPG, SAB and GAS slipped more than 1%.
Among smaller stocks, only a handful saw strong buying interest. OGC, PLP, LGL, ABS and HID closed at the ceiling price. VTB, KHP, CTD, and VPL rose between nearly 3% and over 4%.
Pressure was heavier in some real estate and construction stocks. CII, SCR, LDG, and VNE lost between 2.5% and 4%.
On the Hanoi Stock Exchange, the HNX-Index extended losses late in the session as most large caps fell. The index closed down 1.91 points, or 0.73%, at 261.22, with 43.5 million shares traded worth VND893.3 billion.
