- 2022-11-01T00:00:00
- Market Commentary
* Production continues to expand, but at lowest rate in 13 months
* PLX to Hold EGM to approve 2023-2025 business plan, dividend payment
* Macro Thought Piece: Large negative errors & omissions depress balance of payments
* CTD: Provision phases out; GPM squeeze weighs on earnings - Earnings Flash
* HVN: Another quarterly loss; equity remains negative - Earnings Flash
* PLX: Weak Q3 results due to low premiums and regulated cost - Earnings Flash
* VEA: Strong earnings backed by robust vehicle sales - Earnings Flash
* VJC: Slow recovery due to sluggish international segment - Earnings Flash
* Market wrap: Bank stocks lift VN-Index
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Market wrap: Bank stocks lift VN-Index
The VN-Index rose six-tenths of a percent on Tuesday as several bank stocks had a strong impact on the market.
* Many banks experienced big gains, including VCB (+2.0%), VPB (+5.2%), TCB (+4.3%), TPB (+5.3%), STB (+4.6%), MBB (+1.7%) and OCB (+6.8%). Conversely, EIB (-2.7%) has tumbled 14.3% over the last three trading sessions.
* VRE (+6.7%) has soared 18.2% since October 27.
* Food & beverage manufacturers VNM (+2.2%) and MSN (+1.2%) increased.
* Steelmaker HPG (-4.1%) fell for the third consecutive session and was the day’s top contributing laggard. Notably, HPG’s trading volume surged to more than 81 million shares.
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