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VCSC Daily - VN-Index slips back on low turnover

Market Commentary

21 Sep 2022

* RON95 and RON92 prices decline for a third time in September

* Market wrap: VN-Index slips back on low turnover

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Market wrap: VN-Index slips back on low turnover

The VN-Index dropped by 0.69% on Wednesday, led by banks. Turnover on the HOSE continued to decline to USD412.5mn.  

* The banking sector was again the biggest contributor to the VN-Index’s loss, led by declines from VPB, CTG, BID and TCB.   

* Large cap real estate names fell, including VIC, VHM, KDH and VRE, however some midcap names in the sector performed well, such as ITC, KBC, LHG and NBB.  

* Consumer stocks traded mixed with gains from PNJ, VNM and SAB and losses from MWG, FRT, MSN and VHC. 

* The energy sector outperformed the market due to rallies from PVD, PVT, PVS and CNG.

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