- 2022-07-22T00:00:00
- Market Commentary
* TPB: Outperformance in NOII offset by jump in provisions – Earnings Flash
* VPB: Surge in credit cost pressures earnings growth – Earnings Flash
* RAL: Leveraging technology to profit from growth in LEDs – Company Visit Note
* PNJ: Strong growth projected to continue through H2 2022 – Analyst Meeting Note
* Market wrap: Stocks fall, but VN-Index posts weekly gain of 1.3%
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Market wrap: Stocks fall, but VN-Index posts weekly gain of 1.3%
The VN-Index dropped at the end of trading on Friday to close down by three tenths of a percent as trading turnover on HOSE slumped to USD464.4mn. Nevertheless, the VN-Index finished the week up 1.3%.
* Conglomerate VIC (-2.9%) was the leading contributor to the day’s loss.
* Most banks were down, led by BID (-2.7%), CTG (-2.2%), ACB (-1.2%) and SHB (-2.0%). However, VIB (+4.4%) jumped and gained 8.0% for the week.
* VNM (-1.6%) snapped a four-day winning streak.
* GAS (+3.5%) and MSN (+2.8%) concluded the week up 10.6% and 7.2%, respectively.
* Industrial real estate developer BCM (+6.9%) surged to the daily trading ceiling.
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