6PM Call: Bluechips Supported the VNIndex to Breakout 780 Points - Update on CTD Result, DRC, BMI
​
Investors were surprised at the VNIndex gaining 7 points. Specifically, it moved up 6,46 pts to breach the resistance 780 points. At the end of the day, the VNIndex closed at 783.55 pts. The HNXIndex also surged above 100 points as it added 0.63 point to yesterday’s close. Liquidity increased significantly, reaching 2-month high. Large-cap stocks like banking shares BID, CTG, VCB, MBB and other names VIC, SAB, MSN, etc. were the main contributors to today’s rally. We notice that the Q2 2017 earnings are showing very clear impact on the stocks’ performances. Firstly, on the bright side, we see banking shares rallying recently on the back of positive results. Moreover, the Decree on NPL solution will be enforced on 15 August and will support the banking stocks.
Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.
RongViet Research reports are diversified and abundant, along with in-depth analysis and performed by experienced, highly-qualified and knowledgeable teams. With the objectives of transparency, accurate and timely manner, RongViet believes that our products would always be important sources of information for customers/investors’ investment decisions.”
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.