The VN-Index dropped seven tenths of a percent on Friday as investors continued to offload shares due to the emergence of new COVID-19 cases in Vietnam. For the week, the VN-Index closed up by two tenths of a percent. VCB (-2.3%) fell for the second straight day and was the top contributor to the day’s loss. Fellow bank BID (-2.4%) also declined. On the other hand, banks CTG (+2.1%), HDB (+4.2%), TPB (+3.4%), LPB (+3.8%) and ACB (+1.1%) posted strong gains. In the consumer sector, VNM
The VN-Index snapped a five-session winning streak on Thursday, falling a half of a percent as investors were startled by recent COVID-19 cases in Vietnam. It was a mixed day for banks. VCB (-1.9%) was the top contributor to the day’s loss. BID (-1.5%), CTG (-1.0%) and ACB (-1.4%) also declined. Conversely, VIB (+6.4%), TCB (+2.5%), VPB (+2.0%) and SSB (+3.4%) increased. Consumer stocks VNM (-2.6%) and SAB (-2.7%) slumped to 12-month and 14-month lows, respectively. VIC (-0.9%)
The VN-Index advanced for its fifth straight session as it climbed 1.1% on Wednesday on strong gains from bank and energy tickers. Bank stocks soared on the day. TCB (+5.9%) was the day’s top contributing gainer as it surged to a fresh all-time high. VCB (+2.1%), HDB (+6.8%), VPB (+1.8%), BID (+1.4%) and ACB (+2.5%) also increased. Energy stocks GAS (+2.6%), PLX (+2.5%) and POW (+5.4%) advanced following the increase of global oil prices. Real estate developer NVL (+1.1%) increase
Despite opening Monday’s session down more than 2% following reports of new COVID-19 cases in Vietnam, the VN-Index rallied throughout the remainder of the day to close up by two tenths of a percent as trading value on HOSE jumped to USD931.1mn — its highest amount in the last seven sessions. Conglomerate VIC (+2.0%) snapped a two-session losing streak and was the top contributor to the day’s gain. Banks TCB (+5.8%), CTG (+5.4%), MBB (+3.0%) and VPB (+1.7%) recorded significant gains.
On Thursday, the VN-Index increased for its third straight session, closing up by eight tenths of a percent despite foreign investors breaking a four-session net buying streak. The VN-Index fell seven tenths of a percent for the holiday-shortened week, ending a streak of four consecutive weekly gains. For the month, the VN-Index gained 4.0%. Bank tickers surged, led by VPB (+6.4%), CTG (+2.6%), TCB (+2.6%), VCB (+1.0%), ACB (+2.5%) and BID (+1.0%). Real estate developer NVL (+2.7%)
The VN-Index gained eight tenths of a percent on Wednesday, marking its second straight positive session as investors focused on large-cap stocks. Meanwhile, turnover on HOSE remained relatively low compared to recent levels for the second day in a row, reaching just USD668.6mn. NVL (+5.3%) continued its run and is up nearly 20% so far this week. GVR (+6.8%) jumped to the daily trading ceiling, ending a two-day losing streak. In the banking sector, VPB (+2.9%), STB (+4.8%), MBB (
The VN-Index climbed three tenths of a percent on Tuesday in a cautious session that saw trading liquidity on HOSE sink to USD670.8mn vs the one-month average of USD800.7mn. NVL (+6.2%) has soared 13.5% over the last two days. Steelmakers HPG (+2.2%) and HSG (+4.0%) advanced. MSN (+3.2%) bounced back from its 5% plunge on Monday. PLX (-2.7%) fell to a near three-month low and was the day’s top contributing
The VN-Index tumbled 2.6% on Monday, sinking to a four-week low on a broad selloff as rising COVID-19 cases in India and Cambodia worried investors. VIC (-4.9%) fell for its fourth consecutive session and was the top contributor to the day’s loss. Meanwhile, Vingroup subsidiary VHM (-5.1%) plunged more than 5% for the second time in the past three trading sessions. In the banking sector, VCB (-5.2%), BID (-3.6%), CTG (-3.9%) and TCB (-2.6%) decreased. Conversely, VPB (+3.9%), SSB (+2.7)
The VN-Index jumped 1.7% on Friday, bouncing back from Thursday’s steep drop as several bank stocks posted strong gains. Additionally, the VN-Index gained eight tenths of a percent for the week, marking its fourth consecutive weekly increase. Bank tickers surged in afternoon trading, led by CTG (+5.5%), VPB (+4.1%), BID (+2.4%), VCB (+1.0%), MBB (+3.8%) and TCB (+2.0%). Notably, STB (+6.9%) and LPB (+6.9%) skyrocketed to the daily trading ceiling. VHM (+1.8%) climbed back after its 5.1
On Thursday, the VN-Index suffered its biggest single-day loss since January 27, plunging 3.2% to a three-week low despite numerous companies releasing positive Q1 2021 earnings results. VHM (-5.1%) and its parent company VIC (-3.0%) were the session’s top two contributing decliners. In addition, Vingroup subsidiary VRE (-6.9%) plummeted to a 10-week low as it dropped to the daily trading floor. Banks were down across the board, led by CTG (-6.8%), BID (-5.1%) and TCB (-3.5%).