Stocks fall due to Israel-Iran war, oil stocks surge

(Dan Tri) - Geopolitical tensions put great pressure on the stock market. Oil and gas stocks suddenly made a strong breakthrough, going against the general trend.

The stock market opened on June 13 in red amid concerns over escalating geopolitical tensions in the Middle East.

At the end of the trading session, VN-Index decreased by 7.5 points, equivalent to 0.57%, to 1,315.49 points. VN30-Index decreased by 10.96 points; HNX-Index decreased by 2.91 points; UPCoM-Index decreased by 0.62 points.

In that context, the oil and gas group suddenly reversed the trend and made a spectacular breakthrough. GAS, PVS, PVD, BSR , PLX, PVT… all increased sharply, with an increase of over 3%.

In the whole market, the total value of matched transactions only reached nearly 25,000 billion VND. The board was strongly differentiated with 67 codes increasing in price, 2 codes hitting the ceiling; 35 codes standing at the reference price; 259 codes decreasing in price and 4 codes hitting the floor.

Notably, CTG stock leads the group of stocks positively affecting the index, followed by TCB, MBB, PLX, BSR, GAS, VCB...

Stocks that strongly influence the index (Screenshot).

Foreign investors returned to net buying. CTG was the stock that foreign investors bought the most with a value of more than 130 billion VND, followed by NVL, VPB, VHM, MSN, PVD... On the contrary, foreign investors net sold stocks such as VIX, FPT, SHB , VND...

At the end of the trading session on the evening of June 12, US time, futures contracts of US stock indexes plummeted. Dow Jones futures lost 611 points, equivalent to nearly 1.4%. S&P 500 Futures fell about 1.6%, while Nasdaq 100 futures also lost 1.6%.

Global financial markets were shaken after Israel launched an airstrike targeting Iran's nuclear program.

The situation became tense when the Israeli defense minister declared a "special" state of affairs after the attack on Iran. According to NBC News, the Israeli military has begun airstrikes on Iran, but two US officials confirmed that Washington was not involved in this campaign.

Israeli Defense Minister Israel Katz warned that following Israel's preemptive strike against Iran, a counterattack with missiles and drones targeting Israeli people and territory could come in the near future.

The event created a “one-way wave of volatility” that sharply reduced investors’ risk appetite, said Matt Simpson, senior market analyst at City Index in Brisbane. Safe havens such as the Japanese yen, Swiss franc and gold all rose, while global stock index futures fell.

Source: https://dantri.com.vn/kinh-doanh/chung-khoan-giam-vi-chien-su-israel-iran-co-phieu-dau-khi-noi-song-20250613155046642.htm