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Vietnam Daily Market Recap Nov 18 – MBB

Daily Market Recap 18/11/2021    126

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Market Commentary: The VN-INDEX lost 0.41% to 1,469.8pts

The VN-INDEX had a negative trading session by declining 6.0pts in the late afternoon. After the opening bell, the VN-INDEX jumped into the green territory. This situation was quickly changed, pushing the index into red territory. However, the buying demand helped the index to come back to the reference level and reach its intraday high in the late morning session. In the afternoon session, the selling pressure drove the index down to the reference level and lost 6.0pts following ATC session. Energy sector was the worst-performing sector of today, including GAS (-3.1%), PVT (-3.1%), PVD (-4.4%). Notably, GAS (-3.1%) was the top laggard today and alone erased 1.8pts from the market. Other top laggards joined the rally were VIC (-1.9%), HPG (-2.8%), VCB (-1.0%), VPB (-2.1%). In contrast with almost every bank large-cap, BID (+2.1%) was the top leader today and contributed the most points to the market (+0.94pts). Other top leaders of today were SSI (+7.0%), GEX (+7.0%), DIG (+7.0%), VRE (+2.1%). The selling pressure in ATO pushed the index down 0.41% to 1,469.8pts. The HNX-INDEX rose 1.25% to 468.7pts.

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