VCSC Daily - GAS continues hot streak, lifting VN-Index to third straight gain - HDG, HPG, KBC, POW
  • 2021-10-06T00:00:00
  • Market Commentary

• HDG: Release of EGM documents; Charm Villas phase 1 handover, new wind farm coming online

• HPG: 9M 2021 sales volume shows strong growth for flat steel products — generally in line with our forecast

• KBC announces successful private placement of 100 million shares  

• POW: TCB & MBB appointed to arrange syndicated loans for Nhon Trach 3 & 4; another step toward Ca Mau PPA finalization

• Market wrap: GAS continues hot streak, lifting VN-Index to third straight gain

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Market wrap: GAS continues hot streak, lifting VN-Index to third straight gain 

The VN-Index advanced six tenths of a percent on Wednesday and extended its winning streak to three straight days as the energy, real estate and construction sectors led the way. 

  • GAS (+4.1%) continued its impressive run and is now up more than 26% since September 28. 
  • In the real estate sector, Vingroup subsidiaries VHM (+1.4%) and VRE (+3.3%) both climbed for the third day in a row. In addition, DIG (+6.9%) has jumped nearly 11% over the last two trading sessions. 
  • Cement manufacturer HT1 (+6.8%) surged to the daily trading ceiling. 
  • Banks VPB (-1.6%), MSB (-3.8%), HDB (-1.0%) and STB (-1.0%) were among the day’s top contributing decliners. Meanwhile, TCB (+2.4%) increased for the second consecutive day. 
  • Airlines VJC (-1.1%) and HVN (-1.2%) decreased.

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