Stocks flourish after signal of monetary policy easing

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At the close of June 20, the VN-Index increased by 1%, equivalent to an increase of 9.49 points to 959.18 points. HNX-Index on Hanoi trading floor also increased by 1.24%, equivalent to an increase of 1.29 points to 105.06 points.
Stocks flourish after signal of monetary policy easing
Optimistic stock investors come back

Leading the rise was blue-chips when VN30 increased by 10.25 points. The stocks with strong growth may include MWG, PNJ, VCB, VJC, GAS, VRE ... Besides, financial stocks such as securities banks and insurance companies simultaneously increased, in addition to VCB, there were TCB, HDB. , BVH, CTG, SSI ... The gaining momentum of the market also spread among many other stocks such as oil and gas, from GAS to PVS, PVD, PVT, PXS or real estate, construction, textiles including DIG, DXG , KDH, NTL, SCR, VGC, NVL, TCM, TNG, STK ...

Market liquidity improved significantly with matched volume on two listed exchanges of over 214.9 million shares and fund certificates, reaching over VND 4,788.7 billion.

Not only in Vietnam, Asian stocks everywhere went up in this session after the US Federal Reserve (Fed) signaled possible easing of monetary policy. It is expected that the Fed may reduce interest rates from now until the end of the year.

This has brought optimism to investors on Wall Street market. That sentiment also extended to Asian stock markets as investors expected central banks around the world to loosen monetary policy following the Fed.

The MSCI Asia-Pacific Index rose 1.83% at the end of June 19. China was the biggest gainer when Shanghai index rose 2.38%, corresponding to an increase of 69.32 points to 2,987.12 points. Considering the absolute score, Hong Kong took the lead with Hang Seng up 331.53 points, equivalent to 1.18% to 28,553.67 points. In addition, Japan’s Nikkei 225 increased by 0.6%, equivalent to 128.99 points to 21,462.86 points and Korea’s Kospi also increased by 0.31%, equivalent to 6.51 points to 2,131.29 points ...

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