VCSC Daily - Stocks inch up, led by banks - DPM, FPT
  • 2022-03-17T00:00:00
  • Market Commentary

* Federal Reserve approves first interest rate hike in more than three years; expecting seven rate hikes in 2022
* DPM: Key takeaways from investor meeting
* FPT’s AGM documents guide for 20% PBT growth in 2022
* Market wrap: Stocks inch up, led by banks 

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Market wrap: Stocks inch up, led by banks 

The VN-Index inched up by a tenth of a percent on Thursday as banking stocks were the main driver leading the index to its third consecutive positive session. 

* Banks BID (+4.6%) and CTG (+2.1%) were the top two contributors to the day’s gain. In addition, SHB (+1.6%) and HDB (+1.3%) advanced. 

* FRT (+6.9%) and DGW (+6.9%) both jumped to the daily trading ceiling. 

* GAS (-2.9%) retreated after posting two straight positive sessions. 

* MSN (-1.8%) has declined in seven out of the past nine sessions. 

* Fertilizer producers DCM (-6.8%) and DPM (-4.1%) dropped.

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