VCSC Daily - Banks slide, VN-Index finishes lower - PNJ, STB, VHM
  • 2023-02-21T00:00:00
  • Market Commentary


* PNJ’s January 2023 Results: NPAT increases 12% YoY; top-line growth driven by gold bar demand 

* STB: Provisioning burden to ease, earnings to normalize - Update

* VHM: Scheduled deliveries to fuel earnings growth in 2023 - Update

* Market wrap: Banks slide, VN-Index finishes lower


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Market wrap: Banks slide, VN-Index finishes lower 


The VN-Index was unable maintain its positive momentum on Tuesday, dropping four-tenths of a percent as losses in the banking sector weighed heavily on the overall index. 


* Banks BID (-2.0%), VPB (-2.7%), CTG (-2.0%), MBB (-1.6%) and ACB (-1.2%) pulled back after their big gains on Monday. 


* PLX (+3.0%) has jumped 5.2% over the last two days. 


* Real estate developer NVL (+3.2%) has increased for five straight sessions.


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