VCSC Daily - VHM & VIC drop, VN-Index falls first time since March 20 - HDB, HT1, MBB, MSN, PLX, SAB, SSI, VNM, PHR, QNS
  • 2023-04-04T00:00:00
  • Market Commentary

* Energy Sector: OPEC+ surprisingly announces further oil output cuts
* HDB’s 2023 AGM Documents: Guidance for strong profit growth; cash dividend to resume
* HT1’s AGM Documents: 2023 NPAT-MI guidance implies 6% YoY growth — in line with our forecast
* MBB’s 2023 AGM Documents: Stronger profit growth vs our forecast
* MSN’s 2023 AGM Documents: Earnings guidance remains upbeat
* PLX: Registration for PGB auction reaches 213 million shares — 1.8x the number of shares offered
* SAB’s 2023 AGM documents guide for 5% NPAT growth
* SSI guides for 20% YoY PBT growth
* VNM’s 2023 AGM documents guide for flat earnings YoY
* PHR: Legal bottlenecks impede short-term prospects - Update
* QNS: High input costs across segments to weigh on profitability - Update  
* Market wrap: VHM & VIC drop, VN-Index falls first time since March 20

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Market wrap: VHM & VIC drop, VN-Index falls first time since March 20

The VN-Index closed down by less than a tenth of a percent on Tuesday, ending a run of 10 straight positive sessions as investors booked profits. 

* VHM (-3.0%) and VIC (-2.1%) retreated after their recent gains and were the top two contributors to the day’s decline. 

* MSN (+2.1%) bounced back following its 3% decline over the previous two trading days. Meanwhile, brewer SAB (-1.7%) fell for its fifth straight session.

* Securities brokerages SSI (+2.3%), VND (+1.9%), VCI (+2.0%) and HCM (+2.3%) climbed.

 

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