Give us your feedback

Vietnam Daily Market Recap Sep 30

Daily Market Recap 30/09/2021    137


Market Commentary: The VN-INDEX ended Q3 with a slight increase

The VN-INDEX edged up 2.9pts to 1,342.1pts and stayed in green territory for the entire Thursday’s session. Positive sentiment quickly emerged to market right after the opening bell, and pushed the index up to its intraday high of 1,348.8pts (+0.7%). Notably, VIC became the biggest contributor by increasing 1.5% and alone adding 1.3pts to the index’s advance. Other large caps also joined the rally, including MSN (+1.1%), VRE (+2.8%), PNJ (+5.8%), TCB (+0.4%), ACB (+0.6%). However, the uptrend momentum suddenly decelerated right after the noon break and kept narrowing down in the afternoon session. Financial large caps are the main reason for the index reduction, including VCB (-1.3%), BID (-1.1%), VIB (-1.7%), and VPB (-0.2%). Other pillars also joined the rally, led by HPG  (-0.8%), POW (-0.4%) and PLX (-0.8%). However, the selling pressure is not strong enough to pull the index back to red territory, hence, it maintained to stay in green for the whole session. At the end of the session, the VN-INDEX edged up 2.9% to 1,342.1pts, the HNX-INDEX also increased 0.9% to close at 357.3pts in today’s session.

Read the full report: HERE Protection Status