Vietnam Daily Market Recap Nov 25 – ETF Monitor & Aviation sector

Market Commentary: The VN-INDEX continued the uptrend momentum to reach the all time high of 1,500.81pts.

The VN-INDEX edged up 11.9pts to its all time high of 1,500.8pts in today’s session with 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 in the afternoon session. The buying demand emerged strong enough to help the index reached its intraday high of 1,505.4pts and all sectors contributed to the rally today. Notably, VCB was the biggest supporter, and its gains of 2.2% to VND107,100, alone add 2.2pts to the index gain. Other large caps catching up with the advance included NVL (+2.4%), VPB (+1.9%), HPG (+1.2%), and GEX (+7.0%). On the downside, some of the stocks still suffered from profit-taking in late trading, including BID (-1.5%), TCB (-1.1%), HDB (-3.0%), SAB (-1.8%), and CTG (-0.7%). However, their impact was minimal compared to the overall gain. At the end of the session, the VN-INDEX inched up 0.8% to close at 1,500.8pts, and the HNX-INDEX also increased 0.9% to 459.7pts.

Read the full report: HERE