- 2022-10-12T00:00:00
- Market Commentary
* DIG: Shareholders approve adjusted rights issuance plan at second-attempted EGM
* VEA: Stellar growth of vehicle sales, motorbike volume continued September
* Fixed Income Report: Bond yields close at four-year highs
* Market wrap: Banking stocks surge, VN-Index rebounds 2.8%
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Market wrap: Banking stocks surge, VN-Index rebounds 2.8%
The VN-Index rebounded 2.8% on Wednesday as the market rallied after slumping to a nearly two-year low in the previous session.
* Banks were strong across the board. BID (+6.8%), VCB (+3.2%), CTG (+6.8%), MBB (+6.8%), ACB (+6.9%), SSB (+6.3%) and VPB (+4.2%) were all among the day’s top 10 contributing gainers.
* Securities brokerages VCI (+6.9%), SSI (+6.5%), HCM (+3.5%) and VND (+2.2%) also experienced robust gains.
* Steelmaker HPG (+6.9%) recorded its biggest daily gain so far this year.
* Vingroup subsidiaries VHM (+1.3%) and VRE (+2.3%) increased, but parent company VIC closed unchanged.
* HAG (-7.0%) was the day’s top contributing decliner as it tumbled to the daily trading floor for the fourth time out in the last five trading days.
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