Report

6PM Call: The Hype of Oil & Gas Stocks Wore Off Today - Banking Industry Update

Oil prices continued to rise after the OPEC agreement, yet the price of oil & gas stocks did not rise. After reaching the ceiling yesterday, the price of both GAS and PVD dropped. Despite the increase of HPG and HSG, the impact from the largest stocks such as GAS, VNM, MSN, and BVH dragged down the VN-Index by 0.21% to 665.14 points. The HNX-Index also fell 0.46% to 81.17 points. Today's notable transaction was the put-through deal of 11 million shares of SSI, whose likely buyer was Daiwa Securities Group.

Provider
Viet Dragon Securities
Viet Dragon Securities

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.

Other Reports from Viet Dragon Securities

ResearchPool Subscriptions

Get the most out of your insights

Get in touch