Israel attacks Iran: Vietnamese stocks fall sharply, a series of stocks suddenly 'verticalize'

Although the general market fell sharply, oil and gas stocks jumped from the beginning of the session on news that world oil prices had skyrocketed due to escalating tensions between Israel and Iran.

All three exchanges recorded nearly 600 stock codes decreasing in price on June 13 - Photo: AI drawing

VN-Index opened the morning session on June 13 in a negative state, down more than 10 points as active selling pressure dominated widely, leading to a sharp increase in liquidity.

Red covered most industry groups, and continued to spread further into the early afternoon session. At nearly 2 p.m., the index representing Vietnam's largest stock exchange lost nearly 20 points.

The strongest selling pressure came from the securities group (-2.7%), and real estate (-4.3%).

Meanwhile, the banking group recorded strong divergence. In addition to codes such as CTG, MBB, TCB, MSB, BID, ACB ... maintaining green, the rest were under adjustment pressure.

The brightest performer in today's session was the oil and gas group with a strong rebound after oil prices skyrocketed more than 10% due to escalating tensions between Israel and Iran.

Of which, PLX of Petrolimex increased to the ceiling (+6.95%), OIL of PV Oil increased (+8.5%), PVS (+6.44%), PVD (+5.43%), BSR (+5.4%), GAS (+4.14%), PVT (+2.36%)... These are also the codes that contributed greatly to supporting the index in today's session.

In the top 10 stocks with the most positive impact on the VN-Index, there are 5 stocks in the oil and gas group.

On the contrary, Vingroup 's VIC, Vinhomes' VHM and Vincom Retail's VRE all fell in price and appeared in the top 10 stocks that "drowned" the index the most. The decline of this group after a period of strong growth mainly came from profit-taking pressure.

In addition, codes such as FPT, HPG (-1.12%), HVN (-5.58%), MWG (-1.89%), GVR (-4%), GEE (-4.48%)... are also factors that put significant pressure on the VN-Index.

In total, all three floors had nearly 600 stocks decreasing in price, counterbalancing about 200 stocks increasing.

Despite widespread adjustment pressure, the market still recorded strong demand at low prices, helping liquidity reach nearly VND 30,000 billion.

Thanks to the recovery of some large-cap stocks along with the impressive growth of the oil and gas group, the index representing the Vietnamese stock market significantly narrowed its decline, ending the session with a loss of only about 8 points, at 1,315 points.

Oil and gold prices rise, stocks go in reverse

Early morning on June 13, oil and gold prices skyrocketed after Israel suddenly launched large-scale airstrikes on Iran's nuclear and military facilities.

Global stock markets also recorded a downward trend due to concerns about geopolitical risks, and Vietnam is no exception.

However, it is noteworthy that there was no sell-off, showing that domestic market sentiment remains relatively stable, although it is difficult to avoid profit-taking pressure to protect the achievements of a part of investors.

However, some experts still predict that the Vietnamese stock market may correct for another 1-2 sessions, due to the impact of geopolitical events and profit-taking pressure on large-cap stocks (VN30). However, the market's medium-term uptrend remains stable.

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BINH KHANH

Source: https://tuoitre.vn/israel-tan-cong-iran-chung-khoan-viet-giam-manh-loat-co-phieu-lai-bat-ngo-dung-dung-20250613145644319.htm