- 2023-09-18T00:00:00
- Market Commentary
* Power Sector: CGM price plunges due to unexpected increase of volume from hydropower plants despite possibility of El Niño
* CTD sets September 28 as ex-rights date for 3:1 bonus shares
* Macro Thought Piece: Vietnam - US relationship elevated to Comprehensive Strategic Partnership
* Market wrap: VN-Index plunges to start week
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Market wrap: VN-Index plunges to start week
The VN-Index dropped by 1.3% on Monday on a broad selloff across sectors. Notably, 27 of the large-cap VN30 Index’s components finished lower.
* VHM (-3.1%) was the top contributor to the day’s loss. In addition, its parent company, VIC (-1.1%), fell for the fourth consecutive session.
* Most banks declined, including VCB (-1.1%), BID (-2.2%), CTG (-2.1%), TCB (-2.3%), VPB (-1.7%) and EIB (-6.5%).
* GVR (-2.0%) has decreased in three out of the last four trading days.
* VHC (+4.9%) ended a run of three straight negative sessions and was the day’s top contributing gainer.
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