VCSC Daily - Stocks plunge in return from long holiday weekend - DHC, HDB, VPB, AST, BID, BVH, DIG, DXG, DXS, FRT, HDG, IDC, NVL, STB, VJC, VTP

* Job creation hits strongest pace in year, supporting output growth
* DHC to pay second interim cash dividend of VND1,500/share (yield of 1.9%) for FY2021
* HDB announces new chairman
* VPB & SMBC sign MoU on business cooperation during Japanese prime minister’s visit to Vietnam
* AST: Business results recover in line with expectations - Earnings Flash
* BID: BID tracks relatively in line with 2022 forecast - Earnings Flash
* BVH: Pressures on mathematical reserve ease – Earnings Flash
* DHC: Weak Q1 earnings due to high input costs, as expected - Earnings Flash
* DIG: Q1 2022 handovers at Nam Vinh Yen, Hiep Phuoc - Earnings Flash
* DXG: Q1 2022 handovers mainly at St. Moritz - Earnings Flash
* DXS: Weak Q1 2022 results due to lower property transactions - Earnings Flash
* FRT: Promising pharmacy profitability - Earnings Flash
* HDG: Energy segment to shine; awaiting real estate handovers - Earnings Flash
* IDC: Solid profit growth in Q1 2022 thanks to IP segment - Earnings Flash
* NVL: Financial gains from M&A support Q1 2022 earnings - Earnings Flash
* STB: STB ramps up accrued interest reversals in early 2022 – Earnings Flash
* VJC: Financial income rescues NPAT-MI from core EBIT losses - Earnings Flash
* VTP: Low productivity reins in NI despite solid service revenue - Earnings Flash
* Market wrap: Stocks plunge in return from long holiday weekend

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Market wrap: Stocks plunge in return from long holiday weekend

The VN-Index had an uninspiring return from the long holiday weekend, closing down 1.3% on Wednesday with trading turnover on HOSE remaining low at USD629.4mn. Notably, investors sold off large-cap stocks, evidenced by the VN30 Index tumbling 2%.

* TCB (-4.5%) was the top contributor to the day’s loss. Fellow banks VCB (-1.2%), VPB (-2.4%), VIB (-6.0%), CTG (-2.7%) and MBB (-3.0%) also suffered heavy losses.

* Steelmaker HPG (-3.0%) snapped a four-session winning streak.

* Food & beverage players MSN (-2.5%) and VNM (-2.3%) dropped.

* On the positive side, energy tickers performed well, led by GAS (+1.9%), POW (+6.8%) and PLX (+1.3%).