Give us your feedback

Vietnam Daily Market Recap Sep 13 – Economic Update

Daily Market Recap 13/09/2021    49

Share

Market Commentary: The VN-INDEX failed to surpass 1350pts in Monday’ session 

The VN-INDEX dropped 3.9pts to 1,341.4pts in Monday’s session due to poor performances among several Financial large caps. The index moved around the reference level after the opening bell and then suddenly increased to reach its intraday high of 1,350.5pts (+ 0.3%) right before the noon break. Consumer large caps became today’s top movers. including MWG (+5.1%), SAB (+6.7%), VNM (+0.8%), MSN (+0.5%), and together adding 3.1pts to the index’s advance. However, the index failed to remain its green position in the afternoon session, and soon dropped to the red territory due to strong selling pressure among Financial large caps, led by VCB (-1.1%), CTG (-1.4%), BID (-1.3%), TCB (-0.7%), and MBB (-1.1%). Notably, GVR became today top laggard by decreasing 4.1% and alone erasing 1.72pts from the index. At the end of the session, the VN-INDEX edged down 0.3% to 1,341.4pts and the HNX-INDEX also dropped 0.3% to 346.1pts in today’s session.

Read the full report: HERE