VCSC Daily - Vietnam Today - VN-Index slides after two positive days - VHC, KDH, PNJ
  • 2022-08-10T00:00:00
  • Market Commentary

* VHC: Sales growth maintains robust momentum YoY in July thanks to soaring pangasius exports

* Fixed Income Report: Interbank interest rates soar to three-year high

* KDH: High margin projects to drive profit growth – Update

* PNJ: Stellar rebound backed by competitive advantages – Update

* Market wrap: VN-Index slides after two positive days

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Market wrap: VN-Index slides after two positive days

The VN-Index dropped two-tenths of a percent on Wednesday and snapped a two-day winning streak as 24 of the large-cap VN30 Index’s components decreased. 

* GAS (-1.0%) ended a three-session winning streak and was the top contributor to the day’s loss. 

* HPG (-1.2%) retreated after climbing 3.4% in the previous two days. 

* Banks CTG (-1.2%), BID (-0.6%), TCB (-0.9%), VPB (-0.5%) and STB (-1.4%) were all among the day’s top contributing laggards. 

* Industrial real estate developer BCM (+2.2%) has jumped 35.8% over the past month. 

* Real estate tickers DIG (+2.8%), DXG (+3.7%) and DXS (+6.8%) experienced strong gains.

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