VCSC Daily - VN-Index rises in last session of 2021, finishes year up 35.7% - MWG, KBC
  • 2021-12-31T00:00:00
  • Market Commentary

• MWG: Chairman Nguyen Duc Tai to take over as lead person for BHX, which is a positive development — BUY 

• KBC: Trang Cat UA to be key contributor to 2022F profit - Update

• Market wrap: VN-Index rises in last session of 2021, finishes year up 35.7% 

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Market wrap: VN-Index rises in last session of 2021, finishes year up 35.7% 

The VN-Index ended 2021 on a high note, closing up by eight tenths of a percent on Friday as investors poured money into bank tickers. Notably, the VN-Index concluded the year up 35.7%. For the week and the month of December, the VN-Index gained 1.4% and 1.3%, respectively. 

* Banking stocks surged across the board, led by BID (+4.8%), VIB (+6.9%), SHB (+4.2%), TCB (+1.4%), STB (+3.3%) and VPB (+1.1%). 

* Real estate developer NVL (+5.4%) posted its biggest daily increase in 11 months. 

* GEX (+7.0%) soared to the daily trading ceiling and finished the week up 10.2%. 

* On the negative side, GAS (-0.8%) and VRE (-1.3%) were the day’s top two contributing laggards.

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