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Vietnam Daily Market Recap Oct 27 – TPB, GAS & ACB

Daily Market Recap 27/10/2021    96

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Market Commentary: VN-INDEX surged 2.3% and recorded the all time high 

The VN-INDEX rose 31.4pts to its historic peak of 1,423.0pts in today’s session with the strong support from almost all market pillars. After the opening bell, the VN-INDEX followed the optimistic sentiment from the previous day and started in the green and stayed in this territory for the whole morning session. The positive sentiment continued to dominate the market and all the sectors had an impressive performance today. As the afternoon session was nearing its end, buying demand emerged and overwhelmed all the market, pushing the VN-INDEX up to its historic high of 1,423.0pts. Notably, GAS was the biggest supporter and its gains of 6.9% to VND121,700, alone add 4.0pts to the index gain. Other large caps catching up with the advance included VIC (+3.0%), VHM (+2.9%), MSN (+5.2%), and VCB (+2.2%). On the downside, some of the stocks still suffered from profit taking in late trading, including HVN (-0.6%), DGC (-0.7%), DPM (-0.6%), QCG (-4.7%), and DLG (-4.2%). However, their impact was minimal compared to the overall gain. At the end of the session, the VN-INDEX inched up 2.3% to close at 1,423.02pts, and the HNX-INDEX also increased 0.5% to 397.8pts. 

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