Vietcap Daily - VN-Index closes near 1,100 - MBB, PTB
  • 2023-06-05T00:00:00
  • Market Commentary

* Energy sector: Saudi Arabia announces additional voluntary cut of 1 million barrels per day in July; OPEC+ extends voluntary cuts until end-2024
* MBB finalizes record date for cash dividend of 5% of par value
* PTB approved to buy back 9.5% of outstanding shares
* Market wrap: VN-Index closes near 1,100

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Market wrap: VN-Index closes near 1,100

On Monday, the VN-Index broke the 1,100-point threshold but ultimately closed up by six-tenths of a percent to end the day at 1,097.82 as investor confidence was high following recent gains in global markets. 

* Bank VCB (+3.3%) was the top contributor to the day’s gain. 

* Energy tickers GAS (+2.2%), PLX (+2.2%) and POW (+2.2%) increased. 

* Chemical manufacturer DGC (+5.0%) has soared 17.5% since May 29. 

* GVR (-2.9%) was the day’s top contributing laggard. 

* In the real estate sector, NVL (-2.5%), KBC (2.6%), DIG (-2.7%) and DXG (-3.3%) fell.

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