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VCSC Daily - VN-Index increases as bank tickers continue to climb - GMD, IMP, VNM

Market Commentary

09 Dec 2020

The VN-Index gained 1% on Wednesday to reach its highest level since May 18, 2018, as several bank tickers surged and liquidity on HOSE jumped to USD506.2mn. VCB (+3.6%) climbed to an all-time high and was the day’s top contributing gainer. BID (+2.6%) and TCB (+3.0%) also increased. In addition, ACB (+8.1%) jumped on its first trading day on HOSE. PLX (+3.2%) and NVL (+3.6%) advanced to a three-month and two-month highs, respectively.

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