- 2024-06-19T00:00:00
- Market Commentary
* GEX: GEX completes divestment of 196 MW renewable power portfolio to Sembcorp
* KBC: Management views private placement necessary for development of the upcoming projects - AGM Note
* Market wrap: VN-Index closes almost unchanged
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Market wrap: VN-Index closes almost unchanged
On Wednesday, the VN-Index posted a miniscule increase of 0.02% (+0.3 pts) to close the trading day at 1,279.8. The consumer services sector had the most positive impact on the index while real estate had the most negative. Throughout the index, there were 184 gainers, 246 laggards, and 71 stocks that were unchanged. Total trading volume surged to USD1.0bn compared to the previous trading day.
* Airline HVN (+6.9%), and retailers MWG (+1.8%), FRT (+0.6%), and DGW (+0.6%) led the consumer services sector.
* Technology stocks were strong as FPT (+2.7%), CMG (+2.2%), ELC (+2.2%), and ICT (+7.0%) surged.
* Real estate stocks VIC (-1.4%), VHM (-0.8%), VRE (-2.1%), and KBC (-1.6%) fell while BCM (+0.2%) gained.
* Some notable gainers in other sectors were banks VPB (+2.2%) and ACB (+0.4%), oil & gas company PLX (+1.2%), logistics company VTP (+6.9%), and utility company GAS (+0.3%). Noteworthy laggards were beer maker SAB (-2.5%), milk producer VNM (-0.9%), rubber producers GVR (-1.03%) and DGC (-1.4%), and steel maker HPG (-0.2%).
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