VCSC Daily - Real estate tickers lift VN-Index - PPC, CTG, GDT, GEX, MWG, SAB, VIC
  • 2021-08-27T00:00:00
  • Market Commentary

• PPC to advance last interim cash dividend for FY2020 of VND1,250/share (5% yield)

• CTG: Heavy provisioning this year to set up 2022 profit bounce - Update

• GDT: Production resuming after short halt due to COVID-19 – Update

• GEX: VGC supports earnings growth, relieves EPS dilution – Update 

 MWG: COVID-19 hurts phones and electronics but boosts groceries – Update

• SAB: COVID-19 escalation hurts short-term beer sales – Update

• VIC: First-ever Vietnamese electric vehicle to ramp up delivery – Update

• Market wrap: Real estate tickers lift VN-Index 

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Market wrap: Real estate tickers lift VN-Index 

The VN-Index gained nine tenths of a percent on Friday as investors focused on several real estate stocks. For the week, the VN-Index dropped 1.2%, marking its second straight weekly loss. 

  • GVR (+5.3%) climbed for its third consecutive session and was the top contributor to the day’s gain. 
  • VIC (+1.8%) ended a five-session losing streak. Other real estate tickers performed well, including KBC (+5.9%), VRE (+1.3%), KDH (+2.6%), DIG (+3.5%) and DXG (+3.6%). 
  • MWG (+1.5%) posted its fourth straight positive session. 
  • POW (+4.8%) soared 12.8% over the last three days. 
  • LPB (-4.2%) fell for the second day in a row and was the leading contributor among decliners. 

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