- 2022-03-02T00:00:00
- Market Commentary
* HSG: AGM document guides for significant YoY drop in FY2022 NPAT
* DXG: Relaunch of Gem Riverside to boost pre-sales outlook – Update
* HDG: Massive land bank acquisition to help further re-rating – Update
* KBC: Dilution from forthcoming share issuance – Update
* VEA: Vehicle sales and earnings to recover – Update
* Market wrap: Banks weigh heavily on VN-Index
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Market wrap: Banks weigh heavily on VN-Index
The VN-Index slid by nine tenths of a percent on Wednesday as bank tickers were heavily sold off.
* It was a rough day for the banking sector as BID (-3.7%), CTG (-3.9%), MBB (-4.4%), VPB (-3.3%), TCB (-2.2%), STB (-4.3%), ACB (-2.8%), HDB (-4.2%) and EIB (-5.5%) were all among the day’s top contributing decliners. However, SSB (+2.4%) was a bright spot.
* GAS (+1.3%) advanced as global oil prices continued to rally.
* Fertilizer manufacturers DPM (+5.3%) and DCM (+5.7%) returned to their uptrend after falling on Tuesday.
* Real estate players NVL (+1.3%), BCM (+2.1%) and PDR (+3.2%) climbed.
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