VCSC Daily - Bank stocks drive VN-Index to 1.3% gain - TLG, DCM, DXG, HPG, MWG, SAB, VHM, VRE
  • 2021-07-29T00:00:00
  • Market Commentary

Market wrap: Bank stocks drive VN-Index to 1.3% gain 


The VN-Index jumped 1.3% on Thursday as investor sentiment was lifted by strong earnings results from several listed companies while trading turnover on HOSE climbed nearly 25% from the previous session to USD707.3mn.


-  Banks were up across the board, led by CTG (+3.0%), VPB (+2.5%), TCB (+1.8%), MBB (+2.9%) and ACB (+3.0%).


-  VHM (+1.3%) bounced back after declining in the previous two days.


-  MSN (+2.6%) is up 7.3% so far this week.


-  MWG (+3.6%) snapped a four-session losing streak.


-  Airline HVN (+6.9%) soared to the daily trading ceiling.


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-   HPG: High steel prices drive record high Q2 2021 earnings - Earnings Flash

-   MWG: H1 2021 results in line; COVID-19 poses downside risk - Earnings Flash

-   SAB: Weak Q2 earnings amid COVID-19, stiff competition - Earnings Flash

-   VHM: Handovers at Ocean Park, Grand Park boost H1 2021 results - Earnings Flash

-   VRE: Resilient retail leasing in Q2, COVID-19 poses pressure in H2 2021 - Earnings Flash

-   Market wrap: Bank stocks drive VN-Index to 1.3% gain