Vietnam Daily Market Recap Feb 15, 2023 – Economic update

Market commentary: The VN-INDEX partly regained its recent loss

The VN-INDEX increased 9.6pts to 1,048.2pts on the back of positive performance in the Construction sectors. After the opening bell, the VN-INDEX slightly dropped below the reference point and quickly bounced back as several construction stocks gained points. VGC, FCN and HHV reached the price ceiling. The upward momentum quickly pushed the VN-INDEX to its intraday high of 1051.9pts. Moving to the afternoon session, other sectors such as the Securities sector catching up with the advance, some notable names like FTS and HCM increased gradually. Other large caps joined the rally, led by VPB (+3.0%). BID (+1.4%), GAS (+1.4%), VNM (+1.7%), and VCB (+0.5%). In contrast, today’s top laggards consisted of STB (-4.3%), NVL (-6.7%), EIB (-5.0%), VHM (-0.6%), and PGV (-3.4%). At the end of the session, the VN-INDEX jumped by 0.9% to 1,048.2pts, while the HNX-Index increased by 1.5% to 208.0pts.

Read the full report: HERE