w88 đăng nhập VN-Index on w88 đăng nhập HCM Stock Exchange edged up 0.22 percent to close w88 đăng nhập session at 953.51 points. w88 đăng nhập southern market index decreased 0.7 percent on December 19.

On w88 đăng nhập Hanoi Stock Exchange, w88 đăng nhập HNX-Index rallied 0.52 percent to end at 113.95 points after a 0.3-percent drop on December 19.

Overall market condition was neutral with 231 stocks declining, 238 rising and 255 closing flat on w88 đăng nhập two exchanges.

Energy and bank stocks were the major supporter of w88 đăng nhập’s rally on December 20.

w88 đăng nhập three biggest listed energy companies – PV Gas (GAS), Petrolimex (PLX) PetroVietnam Drilling and Well Serivces (PVD) – climbed 1.9 percent; 4.5 percent and 2.6 percent, respectively. Other smaller companies such as PetroVietnam Technical Services (PVS), PetroVietnam Drilling Mud (PVC) and PetroVietnam Coating (PVB) gained values of 3-8 percent.

Seven of 10 lenders on w88 đăng nhập two exchanges rallied with w88 đăng nhập Big Four (four biggest banks by market value and assets) – Vietcombank (VCB), Vietinbank (CTG), BIDV (BID) and VPBank (VPB) – increased between 1.7-2.9 percent each.

According to BIDV Securities Co (BSC), stocks with good fundamentals and high expectations on w88 đăng nhập last-quarter earnings results continued to draw investments.

“We believe that w88 đăng nhập is gradually overcoming the strong correction and ready to conquer the new peak when the Q4 results will attract large amounts of cash flow,” analysts at BSC wrote in a December 20 report.

On w88 đăng nhập defensive side, brewer Sabeco (SAB) dropped by w88 đăng nhập maximum limit of 7 per cent on HCM City’s bourse for a second day under heavy profit-taking pressure after w88 đăng nhập successful divestment auction.

Other substantial losers included Vinamilk (VNM), down 1 percent; DHG Pharmaceutical (DHG), down 2.1 percent; Mobile World Group (MWG), down 0.7 percent; Coteccons Construction (CTD) and Bình Minh Plastics (BMP) down 2.6 percent.

Liquidity improved slightly with a total of 292.2 million shares worth a combined 6.5 trillion VND (285 million USD) being traded on w88 đăng nhập two markets, up 3.3 percent in trading volume and 1.6 percent in trading value compared to w88 đăng nhập previous session.

Foreign investors concluded as net buyers for a third straight day on HCM City’s exchanges, picking up 5.5 million shares worth a net value of 143 billion VND. They were also net buyers in Hanoi for a modest net value of 18.4 billion VND.