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VCSC Daily - VN-Index jumps to 10-month high as financial tickers continue to surge - BID, GAS, GEX, PNJ, PVD, REE, VEA, VHC

Market Commentary

21 Dec 2020

The VN-Index surged 1.3% on Monday — hitting a 10-month high — as investors continued to focus on buying financial stocks. GVR (+6.9%) recorded its seventh straight positive session and was the top contributor to the day’s gain. The banking sector remained hot as VPB (+4.3%), VCB (+0.8%), HDB (+5.3%), TPB (+6.8%), BID (+1.0%) and EIB (+7.0%) jumped. Securities brokerages carried over their strong performance on Friday with SSI (+6.9%), VCI (+6.9%), VND (+6.8%) and HCM (+5.3%) soaring.

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