6PM Call: VNIndex Challenges the 1,200 level - Updated on NCT
VNIndex briefly touched the level of 1,200 level. Real Estate shares took the lead in the morning session. VIC is still the leader as market players are looking forward to the IPO of Vinhomes, which is the core business of VIC. Besides VIC, NVL and ROS also rose strongly. However, investors started to put selling pressure on the index after 2pm. The number of decliners increased but was still lower than the number of gainers. Real Estate shares stayed put but some other large cap such as SAB and MSN moved down. VNM also supported the VNIndex as it increased 3.3% after a big drop of 9.3% over the last 5 sessions.
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