VCSC Daily - Stocks drop for second straight day, VN-Index falls 8.5% for week - BSR, DCM, DPM, HPG, TDM
  • 2022-10-07T00:00:00
  • Market Commentary

* BSR: Preliminary 9M 2022 results in line with expectations

* DCM: Preliminary 9M 2022 results beat our expectations

* DPM: Preliminary 9M 2022 results beat our expectation

* HPG: Upbeat 9M 2022 sales volume — in line with our expectation

* TDM: Stellar sales volume in September thanks to strong water consumption recovery

* Market wrap: Stocks drop for second straight day, VN-Index falls 8.5% for week

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Market wrap: Stocks drop for second straight day, VN-Index falls 8.5% for week 

The VN-Index plunged 3.6% on Friday as numerous stocks dropped to the daily trading floor. In addition, the VN-Index finished the week down 8.5% — its sixth straight weekly loss. 

* VCB (-4.8%) was the top contributor to the day’s loss. Fellow banks BID (-5.8%), TCB (-7.0%), CTG (-6.8%), MBB (-6.3%) and VPB (-7.0%) also nosedived. 

* GAS (-4.6%) fell to an eleven-week low. 

* Consumer tickers MSN (-6.0%) and MWG (-6.9%) dropped 17.7% and 15.3%, respectively, for the week. 

* GVR (-6.7%) sank to a 52-week low as it fell to the daily trading floor for the second consecutive day.

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