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Vietnam Daily Market Recap Dec 27

Daily Market Recap 27/12/2021    64

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Market Commentary: The VN-INDEX rose 0.8% in the first session of the week on the back of Financial large caps 

The VN-INDEX gained 11.9pts in Monday session as investors sought to buy Financials large caps. Vietnam’s main stock market opened in positive sentiment today following a 20.1pts rise in Friday’s session’s last week as almost all large caps started trading in the green. The largest support came from the Financials sector, led by VCB (+1.7%), SSB (+6.7%), EIB (+6.9%), CTG (+1.5%), and TPB (+3.8%). The stocks contributed a combined 4.1pts to the index’s advance. Other large caps also joined the rally, including VIC (+2.6%), DIG (+7.0%), POW (+7.0%), and GEX (+5.7%), thus pushing the index to its intraday high of 1,490.1pts (+0.9%). On the other hand, few stocks lost ground today, led by MSN (-1.2%), DPM (-4.0%), HPG (-0.3%), VHM (-0.1%), and DCM (-1.5%). Besides, foreign investors had a successful trading session today, with a total net bought value of VND139.9bn and they mainly focused on CTG, KBC, and KDH. At the end of the session, the VN-INDEX surged 0.8% to 1,488.9pts and the HNX-INDEX also rose 0.9% to 449.4pts.  

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