- 2024-06-13T00:00:00
- Market Commentary
* Fed keeps interest rates unchanged as expected, releases positive statement
* Market wrap: VN-Index sees nominal gain of 0.1%
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Market wrap: VN-Index sees nominal gain of 0.1%
The VN-Index saw a nominal gain of 0.1% (+1.3 pts) on Thursday to close the trading day at 1,301.5. The banks sector contributed the most to the index’s rise while many large-cap stocks across sectors declined. Throughout the index, there were 246 gainers, 187 laggards, and 77 stocks that were unchanged. Total trading volume edged down to USD907.9mn.
* BID (+0.9%), MBB (+1.95%), CTG (+1.2%), LPB (+1.9%), TPB (+2.98%), and ACB (+1.02%) were the banks among the top ten stocks most positively contributing to the index.
* In real estate, VIC (-0.2%), VHM (-0.7%), VRE (-0.69%), KBC (-0.8%), and SIP (-0.7%) declined. KDH (+1.7%), PDR (+1.9%), and DIG (+1.6%) surged.
* Noteworthy gainers in other sectors were food & beverage conglomerate MSN (+1.03%), telecom towerco CTR (+6.98%), airline HVN (+1.4%), retailer MWG (+0.95%), and utility companies POW (+1.1%) and REE (+0.8%).
* A few of the laggards from other sectors were technology company FPT (-1.5%), beer maker SAB (-2.1%), rubber producer GVR (-1.1%), oil & gas company PLX (-2.1%), steel maker HPG (-0.3%), and utility company GAS (-0.3%).
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