- 2023-03-02T00:00:00
- Market Commentary
• Market wrap: Power stocks climb, but VN-Index inches down
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Market wrap: Power stocks climb, but VN-Index inches down
The VN-Index inched down by three-tenths of a percent on Thursday while trading turnover on HOSE was just USD268mn — down more than 20% from the previous session. In addition, 20 of the large-cap VN30 Index’s components finished lower.
* SAB (-1.8%) was the top contributor to the day’s loss as it pulled back after increasing in the previous two days.
* Banks were mixed. CTG (-1.6%), MBB (-1.4%) and VPB (-0.9%) fell, but BID (+1.6%) and HDB (+1.7%) were among the day’s top contributing gainers.
* MSN (-1.9%) decreased for the second straight day.
* The energy sector put in a strong performance as POW (+2.8%), NT2 (+5.3%), REE (+1.0%) and GEG (+1.7%) all advanced.
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