6PM Call: VNIndex Fluctuates Dramatically - Update on GDT, DIG
The market absorbed a positive news related to SAB as an investor accepted the bid price of VND320,000/share for the December 18 auction. According to the Ministry of Industry and Trade, Vietnam Beverage Ltd., having a corporate relationship with Thai Beverage, will buy at least 25% of the bid volume. Based on the initial price of VND320,000/share, the investor will pay at least USD2.3B for the deal. Besides SAB, the outperformance of oil and gas stocks on the back of increasing global crude oil prices pushed the VNIndex to advance by more than 13 points at the first minutes of today’s session.
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