Vietnam Daily Market Recap May 06 – MBB & MWG & Market Strategy

Market commentary: The VN-Index fluctuated around the reference level The VN-Index closed 0.9pts down to 1,063.8pts as selling pressure against Banking large-cap stocks. Following the recovery in late previous trading session, the market had a positive start with a gap…

Market commentary: The VN-Index crept higher after SBV’s policy interest rates cut became effective The VN-Index closed 2.8pts higher after a 2-day drop. The market opened on a pessimistic note with the VN-INDEX plunging to an intraday bottom of 1,058.0pts…

Market commentary: Corrective pressure continued to increase in late trading The VN-Index closed 4.1pts down to 1,061.8pts as selling pressure against the Banking and Basic Resources sector. Despite yesterday’s selling pressure in the afternoon, the VN-Index kicked off the morning…