Vietnam Insight

US stocks were mixed on Thursday (June 21). Tech stocks rallied strongly, helping the Nasdaq rise more than other indexes. Currently, U.S. home prices have their biggest annual decline in more than 11 years. The reason is that rising interest rates put pressure on the housing market, while the number of applications for unemployment benefits remained stable.

The market dropped 6.84 points (0.61%) and closed at 1,125.30 points, money poured into real estate stocks. Despite the strong rallying efforts of VHM and HPG, the lack of support of the remaining large stocks caused the VN-Index to fall into a state of strong shaking at the high point.

• World stocks: The Bank of England (BoE) on June 22 decided to raise interest rates
• Vietnam stocks: Money poured heavily into real estate stocks
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