VCSC Daily - Strong performance from GAS not enough to save VN-Index’s winning streak - DHC, ACV, AST, BID, CTG, MWG, PVD, VEA, VTP

* DHC’s AGM documents: Conservative 2022 business guidance — as usual; new paper & packaging factories to bolster long-term outlook
* Macro Thought Piece: Increasing risks to Vietnam's external trade
* ACV: Profit to rebound, driven by international passengers – Update
* AST: Domestic passengers to drive first phase of recovery – Update
* BID: Asset quality improvements unburden BID – Update
* CTG: NIM cut as sizeable concessionary lending continues – Update
* MWG: Growth sustained by TGDD & DMX; BHX needs more time – Update
* PVD: Slow drilling segment recovery despite higher oil prices – Update
* VEA: Supply chain disruptions hold back earnings recovery – Update
* VTP: Product shortage, high fuel costs to rein in earnings recovery – Update
* Market wrap: Strong performance from GAS not enough to save VN-Index’s winning streak

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Market wrap: Strong performance from GAS not enough to save VN-Index’s winning streak

The VN-Index inched down by a tenth of a percent on Tuesday, snapping its five-session winning streak as investors focused their selling efforts on large-cap stocks — evidenced by 20 of the VN30 Index’s components declining. For the month of May, the VN-Index declined 5.4%. The VN-Index has tumbled 13.4% over the last two months.

* GAS (+7.0%) surged to the daily trading ceiling and was the day’s top contributing gainer.

* VHM (+1.6%) climbed for its sixth straight session.

* Fertilizer producers DCM (+6.9%) and DPM (+5.5%) experienced strong gains.

* Steelmaker HPG (-2.1%) was the leading contributor to the day’s loss.

* Most banks were down, including VPB (-1.9%), BID (-1.3%), TCB (-1.6%) and MBB (-1.2%). Conversely, VCB (+1.1%) extended its winning streak to three sessions.

* REE (-4.4%) pulled back following its 26.3% gain over the previous five trading days.