VCSC Daily - Stocks finish down for second straight day - TDM, VJC
  • 2022-10-04T00:00:00
  • Market Commentary

* TDM: Delayed equity issuance 

* VJC: Seeking shareholder approval to change sequence of equity private placement, 2021 stock dividend

* Market wrap: Stocks finish down for second straight day 


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Market wrap: Stocks finish down for second straight day 


Despite trading in positive territory on Tuesday afternoon following the overnight rally on Wall Street, the VN-Index fell in the final 90 minutes of the session to close down by eight-tenths of a percent. 


* Steelmaker HPG (-4.6%) was the top contributor to the day’s loss and has dropped 15.8% over the last five trading days. 


* MSN (-3.7%) is on a five-session losing streak. 


* GVR (-6.2%) is down 12.7% in the last two days. 


* Banks CTG (-3.9%), BID (-1.7%) and ACB (-2.8%) decreased. However, VCB (+1.0%) ended a three-session losing streak. 


* Securities brokerages VND (-5.5%), VCI (-6.4%), HCM (-6.6%) and SSI (-3.5%) suffered heavy losses. 


* Conglomerate VIC (+2.7%) increased for the third session in a row and was the day’s top contributing gainer. Vingroup subsidiaries VRE (+2.3%) and VHM (+0.4%) also advanced. 


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