- 2022-05-27T00:00:00
- Market Commentary
* S&P upgrades Vietnam’s long-term sovereign credit rating to BB+ with stable outlook
* MWG’s 4M 2022 results: TGDD & DMX growth remains intact; BHX slows down during transformation
* CII: Major BOT project to strengthen financial position – Update
* DIG: Slow development progress to slow earnings growth – Update
* DXS: Expecting strong earnings recovery in 2022 – Update
* MSN: Consumer business remains earnings growth engine – Update
* PLP: Expanding product portfolio to improve profit margin - Company Visit Note
* Market wrap: Stocks climb 1.3%, VN-Index notches second straight weekly gain
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Market wrap: Stocks climb 1.3%, VN-Index notches second straight weekly gain
On Friday, the VN-Index increased for its fourth consecutive session, closing up by 1.3% as investors focused their attention on large-cap stocks — evidenced by 29 of the VN30 Index’s components advancing. In addition, the VN-Index gained 3.6% for the week, marking its second straight positive week.
* FPT (+5.9%) was the top contributor to the day’s gain and finished the week up 14.7%.
* Retailers MWG (+5.5%) and PNJ (+7.0%) both recorded strong increases.
* VHM (+1.5%) climbed for the fourth day in a row.
* Banks ACB (+4.8%), VCB (+0.9%), TCB (+2.0%) and EIB (+4.9%) were among the day’s top contributing gainers.
* On the negative side, chemical manufacturer DGC (-4.8%) fell for the second straight session.
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