Vietnam Daily Market Recap May 05 – VIB & GAS & Market Strategy

Banking leads technical rebound; Gas retreats on crude pullback The VN-Index opened sharply higher on Tuesday, staging a technical rebound from Monday’s historic 6.51% collapse, and closed up 1.2% at 1,672.27. Afternoon selling pressure, however, somewhat dampened the buying enthusiasm…

Stocks plummet amid surging global oil prices The March 9 session witnessed one of the most severe sell-offs in Vietnamese stock market history, with heavy selling pressure from the open that engulfed all sectors. The VN-Index closed at 1,652.79 points,…

Stocks sink, led by financial services, utilities The VN-Index opened lower on Friday and closed down 2.3% at 1767.8. Market liquidity decreased, with total trading value down 4.9% DoD to VND33.7tn (USD1.3bn). Similarly, the HNX Index traded negatively throughout the…