Stock market July 22: Real estate, oil and gas stocks prospered, VN-Index increased by nearly 5 points

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Vietnam stock market opened in the green with quite positive sentiment. Vingroup’s VIC stock continues to be the biggest pillar of the market, contributing more than 1 point to the VN-Index’s uptrend.

As of 9:50 am,  VN-Index increased by 4.9 points (0.39%) to 1,275.69 points. Similarly, HNX-Index gained 0.4% to 102.01 points; UPCoM-Index increased 0.8% to 84.97 points.

Vietnam stock market opened in the green with quite positive sentiment. Real estate is currently leading the index with some strong gainers such as HDG, DIG, NLG, CII, ITA, HDC, SCR, HQC. Vingroup’s VIC stock continues to be the biggest pillar of the market, contributing more than 1 point to the VN-Index’s uptrend.

After a series of corrections, oil and gas stocks also gained in this morning session. Leading the way was TDG with a price increase of 3.7%, followed by OIL with an increase of 3.4%, PVB (3.1%), PET (3.1%), PVD (2.9%). BSR (2.4%).

Returning to international market developments, after two consecutive days of recovery from July 20 to 21, the  US stock market mát regained all the losses of the deep drop on July 19. Positive business results contributed to improving investor sentiment.

According to CNBC, the Dow Jones Industrial Average rose 286 points, or 0.83%, to 34,798 points. Currently, this blue-chip index is less than 1% from its historic peak.

The S&P 500 index also gained 0.82% to close at 4,359 points. Nasdaq added 0.92% and ended the session at 14,632 points.

Source: vietnambiz.vn – Translated by fintel.vn