HÀ NỘI Friday saw a resurgence in the VN-Index following a three-day downturn, primarily attributed to the recovery of several prominent large-cap stocks. This positive shift can be largely attributed to the recovery of a few key large-cap stock groups. The recovery of large-cap stocks played a crucial role in driving the VN-Index upward. Bank stocks emerged as the driving force behind the market's upward momentum on Friday, orchestrating a notable rebound after a series of declining sessions. Gaining bank stocks were Tiên Phong Bank (TPB), Vietcombank (VCB), VPBank (VPB), National Commercial Joint Stock Bank (NVB), Military Bank (MBB), Techcombank (TCB), Bank for Investment and Development of Vietnam (BID), Asia Commercial Bank (ACB), Vietinbank (CTG) and Saigon-Hanoi Bank (SHB).

Source: Viet Nam News January 27, 2024 08:15 UTC