- 2021-12-10T00:00:00
- Market Commentary
• Domestic petroleum prices cool amid easing global oil prices
• VCB to pay 2020 cash dividend and 2019 stock dividend
• Fixed Income: VND liquidity fueled by SBV’s FX purchases
• Market wrap: VN-Index ends its three-day rally
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Market wrap: VN-Index ends its three-day rally
The VN-Index reversed an early gain and witnessed its first decline in four days, closing at 1,463.54 (-0.3%).
* VIC (-3.6%) was the biggest contributor to the VNI’s correction but other real estate tickers such as KBC (+2.2%), NLG (+1.6%), CRE (+2.4%), LDG (+5.2%) performed well.
* Oil & gas stocks dropped, including GAS (-2.1%), PLX (-1.5%), PVD (-1%) and PGC (-1.8%).
* Steel tickers continued to show weakness as HPG (-1.3%) fell while HSG (-2,7%) and NKG (-2,5%) set new lows since September.
* Financial stocks traded mixed as VCB (+0.8%), BID (+1.4%), TPB (+1.6%) and VPB (+0.6%) gained while CTG (-0.6%), SSI (-1.5%), MBB (-0.7%) and TCB (-0.4%) dropped.
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