Asian stock markets

While most stock markets in East Asian and Southeast Asian countries were in the red on June 13, 2025, one market stood out with gains. Which country was it?

  • China
  • South Korea
  • Thailand
  • Philippines

On June 13, 2025, the Philippines’ main stock market index, the PSEi, rose 0.22% to 6,396 points. Meanwhile, stock markets in the more developed parts of Asia saw the biggest losses.
Stock market question

Stock market surge

Amid a gloomy global stock market due to conflict headlines, one sector’s stocks surged in Vietnam. Which industry did these stocks belong to?

  • Healthcare
  • Materials
  • Food, Beverage, and Tobacco
  • Energy

On June 13, as the conflict unfolded, global oil prices skyrocketed. Brent crude oil prices surged 11% at one point, while West Texas Intermediate (WTI) crude oil rose over 12% before settling at around a 6-8% gain. This was the biggest one-day gain since March 2022, when the Russia-Ukraine conflict began.
The surge in the commodity, often dubbed “black gold,” fueled expectations in the financial markets for energy stocks.
In Vietnam, the top gainers on the HOSE and HNX exchanges were energy-related stocks, with PLX and PVC both hitting the daily limit-up. Other notable gainers included PIT, PVD, BSR, PVS, PVD, GAS, and VIP, among others.
Data from VietstockFinance showed that the energy sector index (dominated by oil and gas stocks) rose 5.4% on June 13, while the VN-Index fell 0.57%.

HOSE market

Which individual stock acted as the strongest support for the VN-Index during the volatile session on June 13, 2025?

Despite the energy sector’s stellar performance, the stock that contributed the most points to the VN-Index was CTG from the banking industry. This is due to VietinBank’s massive market capitalization of over 214 trillion VND, dwarfing that of Petrolimex at 47.9 trillion VND and even GAS‘s 150.9 trillion VND.
However, right behind CTG were energy-related stocks such as GAS, PLX, and BSR.
Top VN-Index contributors

Market Observer

– 8:28 PM, June 14, 2025

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