VCSC Daily - Financial stocks led the recovery - ACV, DPM
  • 2022-12-27T00:00:00
  • Market Commentary

Vietnam’s trade surplus hit USD11.0bn in 2022
* Power sector: CGM price reached a new record YTD high
* ACV announces strong 2022 preliminary results post-pandemic and guides for 11% YoY PBT growth in 2023
* DPM: Record-high cash dividend; conservative 2023G NPAT - EGM Note
* Market wrap: Financial stocks led the recovery

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Market wrap: Financial stocks led the recovery 

The VN-Index bounced back from yesterday’s sell-off by closing with a 1.97% gain. Trading turnover on the HOSE, however, remained at a low level of USD405.5 million.  

* The financials sector was the biggest contributor to the gain in VN-Index, led by rallies from BID, VPB, CTG and TCB as well as brokerage names, such as SSI, VCI and HCM.  

* The real estate sector also recovered from Monday’s losses, led by gains from VRE, VHM, VIC and KDH. 

* Agriculture stocks, such as DBC, HAG, BAF and airline HVN surged limit up on reports that China plans to re-open its borders from January 8th, 2023. 

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