- 2023-09-13T00:00:00
- Market Commentary
* Energy Sector: Brent oil price jumps to USD92/bbl; potentially tighter global oil supply in Q4 2023
* CTR: 8M 2023 preliminary results broadly in line with our forecasts
* VEA: Vietnam’s passenger car sales remained weak in August — BUY
* VHC: Preliminary antidumping review implies minimal impact on competitive landscape in US market
* PHR: Adding new industrial clusters from rubber land conversion - Update
* SSI: Valuation looks full despite bright outlook - Update
* Market wrap: VN-Index falls on strong foreign selling
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Market wrap: VN-Index falls on strong foreign selling
Selling pressure hit the VN-Index near the end of Wednesday’s trading session, leading the index to close the day down by six-tenths of a percent. Notably, foreign investors were net sellers of VND1.2tn (USD49.7mn).
* VHM (-2.6%) was the top contributor to the day’s loss and has decreased in four out of the last five trading days. Parent company VIC (-1.8%) also fell.
* Food & beverage manufacturers VNM (1.5%), SAB (-1.2%) and MSN (-1.1%) dropped.
* GAS (+2.8%) was the day’s top contributing gainer.
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