VCSC Daily - VNI soars amid rally in global markets - BID
  • 2021-12-07T00:00:00
  • Market Commentary

• SBV reduces USD/VND ask price to 23,150, ready to meet banks’ demand 

• BID: BID to pay 2% cash dividend for 2020 on par value 

• Macro Update: Exports and imports hit record high levels

• Market wrap: VNI soars amid rally in global markets

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Market wrap: VNI soars amid rally in global markets 

Rallies in US and Asian stock markets helped to boost domestic investor sentiment on Tuesday. The VN-Index recovered all of Monday’s loss, jumping 2.35% to 1,466.77 as all VN30 tickers gained. 

* Financials led the gain in the VN-Index as VCB (+2.9%), BID (+3.9%), TCB (+2%), CTG (+1,9%) and other banks rose, followed by real estate tickers, such as VHM (+2.4%), VRE (+7%), VIC (+1%) and NVL (+1.4%). 

* Materials stocks bounced back from yesterday’s sell-off as HPG (+4%), DPM (+4.5%), HSG (+3.4%) and DCM (+2.8%) rallied. 

* Oil and gas tickers also performed well, including GAS (+4.9%), PLX (+3.5%), PVD (+7%) and PVT (+4.6%), as the Brent oil price rose sharply. 


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