Vietnam Daily Market Recap Dec 4 – VPB Update

Stocks jump, led by Financial Services

The VN-Index opened higher on Thursday and traded in positive territory throughout the session, closing up 0.3% at 1,737.2. Market liquidity was nearly flat with total trading value climbing 0.5% compared to Wednesday to VND22.6tn (USD857.3mn). Meanwhile, the HNX Index followed a similar pattern, posting a gain of 1.0% to close at 262.3.

Most sectors rose today, led by Media (+2.7%), Basic Resources (+1.6%) and Financial Services (+1.3%). Meanwhile, Travel & Leisure (-1.1%), Telecommunications (-0.6%) and Real Estate (-0.4%) declined.

Top performers today included MBB (+4.7%), HPG (+1.9%) and VPL (+2.0%). Top laggards included VIC (-0.9%), VHM (-1.5%) and VJC (-3.7%).

Foreign investors net bought today with a total value of VND1.09tn (USD41.4mn), focusing on MBB (VND1tn, USD38.1mn), HPG (VND160.8bn, USD6.1mn) and VIC (VND126.0bn, USD4.8mn). On the other hand, selling pressure was seen in VHM (VND122.7bn, USD4.7mn), MSN (VND85.5bn, USD3.3mn) and VIX (VND67.7bn, USD2.6mn).

Read the full report: HERE