Vietcap Daily - GAS boosts VN-Index to positive finish - FPT
  • 2023-09-15T00:00:00
  • Market Commentary

* Energy sector: Block B project is progressing further
* FPT: Solid earnings growth in 8M 2023 due to upbeat global IT performance
* Market wrap: GAS boosts VN-Index to positive finish

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Market wrap: GAS boosts VN-Index to positive finish

After experiencing a 1.7% decline over the previous two days, the VN-Index managed to close up by three-tenths of a percent on Friday, primarily driven by GAS as oil prices climbed to their highest point this year. For the week, the VN-Index decreased by 1.1%.

* GAS (+3.4%) finished higher for the fourth day in a row and was the top contributor to the day’s gain.  

* VHM (+3.1%) bounced back after its 8.4% plunge over the previous two sessions. However, its parent company, VIC (-3.4%), has nosedived more than 11% in the last three days.

* Banks were mixed. VCB (+0.8%), SSB (+2.7%), HDB (+2.9%), STB (+1.3%) and MBB (+1.3%) were among the day’s top contributing gainers. On the other hand, CTG (-1.4%), LPB (-1.6%), VIB (-0.7%) and SHB (-0.8%) declined.

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