Vietcap Daily - VN-Index jumps to nine-month high, led by BID - Banking
  • 2023-07-10T00:00:00
  • Market Commentary

* SBV adjusts credit room for 2023
* Market wrap: VN-Index jumps to nine-month high, led by BID  

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Market wrap: VN-Index jumps to nine-month high, led by BID  

The VN-Index gained 1% on Monday, closing at a nine-month high of 1,149.02 as banking, consumer and real estate stocks led the way.  

* BID (+6.0%) was the day’s top contributing gainer. Meanwhile, fellow bank VCB (-2.2%) was the leading contributing laggard.
 
* MSN (+3.6%) and VNM (+1.7%) both finished higher.  

* Retailer MWG (+4.9%) has soared 10.5% over the last two trading days.  

* In the oil & gas sector, GAS (+1.6%) and PLX (+3.7%) both increased.
 
* Several real estate tickers experienced strong gains, including PDR (+6.9%), NVL (+2.8%), DIG +2.9%) and DXG (+2.4%).

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