VCSC Daily - Bank tickers lift VN-Index - DPM, HPG, IDC
  • 2023-02-06T00:00:00
  • Market Commentary

* Power sector: Price bracket for new retail electricity price

* DPM to pay first tranche of 2022 cash dividend of VND4,000/share in Q1 2023

* HPG: Weak sales volume in January

* IDC’s management expects IP land sales to be weaker YoY in 2023, but profits to grow YoY thanks to upbeat land sales in 2022

* Market wrap: Bank tickers lift VN-Index

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Market wrap: Bank tickers lift VN-Index

The VN-Index closed up by 1.1% following a surge of buying activity at the end of Monday’s session and strong performance from several banking tickers. 

* VCB (+3.2%), BID (+3.8%), CTG (+2.9%) and TCB (+3.1%) were the top contributors to the day’s gain. Meanwhile, VIB (-2.7%) was the day’s leading contributing laggard. 

* Petroleum distributor PLX (+4.0%) has jumped 7.2% over the last two trading sessions. 

* Food & beverage players VNM (+1.8%) and SAB (+1.3%) increased.

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