Vietcap Daily - Steel stocks lead VN-Index to sixth straight positive session - Energy Sector
  • 2023-09-06T00:00:00
  • Market Commentary

* Energy Sector: Saudi Arabia and Russia extend supply cuts until end-2023, supporting oil prices  
* Market wrap: Steel stocks lead VN-Index to sixth straight positive session

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Market wrap: Steel stocks lead VN-Index to sixth straight positive session

* On Wednesday, the VN-Index continued its uptrend, closing up by eight-tenths of a percent as steel tickers experienced robust gains and trading turnover on HOSE was above USD1.0bn for the second straight day.  

* Steel stocks HPG (+4.3%), HSG (+6.8%) and NKG (+6.8%) surged.  

* VPB (+3.8%) recorded its third consecutive positive session.  

* FPT (+2.3%) advanced to a fresh 52-week high.  

* VHM (+1.1%) climbed for the third straight trading day; however, parent company VIC (-1.1%) was the day’s top contributing decliner.

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