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Vietnam Daily Market Recap Jul 27 – PNJ & TCB

Daily Market Recap 27/07/2021    141

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Market Commentary: The VN-INDEX continued to rise on the back of Financials large caps

The VN-INDEX gained 4.2pts to 1,276.9pts today as investors sought to buy Financials and Materials large caps. Shortly after the opening bell, the VN-INDEX escalated to the green territory thanks to the increase from Financials and Materials large caps, including HPG (+1.3%), TCB (+1.5%), VIB (+3.0%), CTG (+1.1%), and TPB (+3.6%). Notably, MSN became today’s top supporter, rising 3.6% to VND125,500, alone contributing 1.4pts to the index’s advance. Other large caps also joined the rally to keep the index in the green, followed by VRE (+3.4%), GAS (+0.8%), and GVR (+0.9%), thus pushing the index to the intraday high of 1,288.4pts (+1.2%). On the other hand, several Real Estate market pillars fell under selling pressure, including VHM (-1.6%), NVL (-0.9%), and PDR (-0.8%). At the end of the session, the VN-INDEX closed up 0.3% to 1,276.9pts with 182 movers and 134 losers. The HNX-INDEX also edged up 1.0% to 306pts. Foreign investors had a positive trading day with a total net buy value of VND200.5bn.   

Read the full daily report: Daily Market Recap Jul 27 – PNJ & TCB

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