Report

6PM Call: Unexpected hit in month-end session - Update on PVT

VNindex was on its way to break the historical record when VNindex gradually climbed up to 1,122 points thanks for some bluechips (GAS, VIC, HPG, MSN) as well as some banking stocks (CTG, VCB) performing well. However, the stroke hit just few minutes before session close and caused a big slump on the market. All of a sudden, VNindex from nearly increasing by 15 points, ended up in negative territory. The major factors were banking and brokerage stocks being underperforming as well as oil stocks drowning in red as result of oil price’s correction lately. Fortunately, GAS and ROS both closed the day at ceiling prices and thereby mitigated negative impact that could happen to following sessions.

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Viet Dragon Securities
Viet Dragon Securities

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