6PM Call: Market: No chance to buy stocks at lower prices - ITC update
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After slight correction, market rallied again and did not give investors any chances to buy stocks at lower prices. VNIndex broke out 650 pts easily and continued to move fast and strongly in the evening. At the close, VNIndex added 1.8% to yesterday level, the strongest intraday gain since beginning of 2016. VNM, GAS were leaders but it seemed like almost every stock increased, whereas Construction & Building material, Real Estate and Pharmaceutical stocks were the best performers. Market sentiment was very positive. There were 2 gainers per decliners on both exchanges. Liquidity saw a rise with 207 million shares completely traded, equivalent to VND3,700 billion, equal to the value 2 days ago when VNIndex broke out 650 pts for the first time after 8 years.
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