- 2023-04-12T00:00:00
- Market Commentary
* Fixed Income March 2023: Interbank interest rates drop on excess liquidity
* Market wrap: VN-Index finishes flat despite strong performance real estate stocks
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Market wrap: VN-Index finishes flat despite strong performance real estate stocks
The VN-Index finished nearly unchanged on Wednesday, closing down by just a hundredth of a percent as the strong performance of some real estate tickers was not enough to pull the index into positive territory.
* SAB (-2.3%) fell for the third straight day and was the day’s top contributing decliner. Meanwhile, fellow food & beverage manufacturer MSN (+2.0%) was the top contributing gainer.
* Real estate developers NVL (+6.0%), KDH (+4.7%), NLG (+6.8%) and PDR (+4.8%) experienced robust gains.
* In the energy sector, PGV (+2.9%) and POW (+1.9%) climbed.
* Banks VPB (-1.7%) and OCB (-1.8%) declined, but SHB (+3.8%) and TCB (+1.0%) finished higher.
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