Stocks opened on June 13 with the same increase as the world.

Stocks opened on June 13 with the same increase as the world.
Illustration photo: Hai Yen/Tin Tuc Newspaper

The Vietnamese stock market’s performance also increased in line with the world stock market, following the decision of the US Federal Reserve (Fed) to keep interest rates unchanged.

At 9:28 a.m., the VN-Index increased slightly by 2.18 points to 1,302.37 points; the HNX-Index increased slightly by 0.47 points; and the UPCOM-Index decreased by 0.01 points.

Stocks fluctuated within a narrow range. At 9:30 a.m., the VN30 basket had 16 stocks increasing in price and 10 stocks decreasing in price. However, the increase and decrease were not large, mostly under 1%.

Banking stocks performed positively and no stocks were in the red. Meanwhile, BVB, PGB, KLB, NVB, MBB, ABB… increased quite strongly.

Most of the remaining stock groups fluctuated, with green and red alternating with small increases and decreases. Many codes even stood at the reference level.

Previously, in the session of June 12, the S&P 500 and Nasdaq indexes on Wall Street set new records after the US Federal Reserve (Fed) decided to keep interest rates unchanged.

At the close of the session, the S&P 500 index rose 0.9% to 5,421.03 points, the Nasdaq technology index rose 1.5% to 17,608.44 points. This is the third consecutive record closing level of these two indexes. Meanwhile, the Dow Jones industrial average fell 0.1% to 38,712.21 points.

On June 12 local time (early morning of June 13 Vietnam time), after a regular policy meeting, the Fed decided to keep interest rates unchanged at the current level of 5.25% – 5.50%. The central bank also lowered its forecast for interest rate cuts to just one time this year instead of three times as previously forecasted in March 2024.

Source: vietnamese