Vietnam Daily Market Recap May 06 – MBB & MWG & Market Strategy

All sectors advance as VN-Index surges 3.1% The VN-Index closed Wednesday at 1,728.34, up 51.61 points or 3.1%, with market breadth firmly positive at 291 advances (30 at ceiling) against 57 declines (three at floor), excluding 35 unchanged stocks. HoSE…

Banking leads technical rebound; Gas retreats on crude pullback The VN-Index opened sharply higher on Tuesday, staging a technical rebound from Monday’s historic 6.51% collapse, and closed up 1.2% at 1,672.27. Afternoon selling pressure, however, somewhat dampened the buying enthusiasm…

Stocks plummet amid surging global oil prices The March 9 session witnessed one of the most severe sell-offs in Vietnamese stock market history, with heavy selling pressure from the open that engulfed all sectors. The VN-Index closed at 1,652.79 points,…