- 2024-09-26T00:00:00
- Market Commentary
* Market Wrap: VN-Index edges up 0.3%
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Market Wrap: VN-Index edges up 0.3%
The VN-Index edged up 0.3% (+4.01 pts) on Thursday to close the trading day at 1,291.5. For the third consecutive trading day, seven banks were in the top-ten stocks contributing to the index’s upward momentum. Throughout the index, there were 209 gainers, 177 laggards, and 87 stocks that were unchanged. Total trading volume declined compared to the previous trading day to USD885.0mn.
* The banks referenced above were HDB (+3.9%), TPB (+6.7%), CTG (+1.1%), TCB (+1.3%), MSB (+5.4%), VPB (+0.8%), and SSB (+2.1%). VCB (-0.3%) declined.
* There were mixed performances in the real estate sector as VHM (+0.6%), VRE (+0.5%), NVL (+1.3%), and KDH (+0.4%) gained, BCM (-0.7%) and PDR (-1.5%) fell, and VIC (0.0%) was unchanged.
* Significant gainers in other sectors were milk producer VNM (+1.6%), rubber producer GVR (+1.1%), beer maker SAB (+1.2%), oil & gas company PLX (+0.4%), and airline VJC (+0.5%).
* Notable laggards in other sectors that negatively impacted the market included airline HVN (-2.1%), steel maker HPG (-0.6%), tech company FPT (-0.4%), retailer MWG (-0.6%), and chemical company DCM (-1.4%).
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