VCSC Daily - VN-Index again reaches record high - MSN, PHR, STK, SCS, TNG
  • 2021-11-08T00:00:00
  • Market Commentary

* MSN: Masan targets 10% meat market share by 2025; to book significant one-off gain from feed business divestment — BUY
*  PHR releases Q4 2921 guidance, implying postponed VSIP III land conversion — in line with our expectation
*  STK seeks written opinion of shareholders for ESOP program
*  SCS: ASP benefiting from high maritime shipping costs – Update
*  TNG: Beneficiary of recovering supply chains as COVID fades - Company Visit Note
*  Market wrap: VN-Index again reaches record high

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Market wrap: VN-Index again reaches record high 

The VN-Index kicked off the new week by gaining eight tenths of a percent and reaching a fresh all-time high of 1,467.57 on Monday, marking its third straight positive session. 

*  Food & beverage manufacturers MSN (+2.8%) and VNM (+1.8%) were the top two contributors to the day’s gain. 

*  GEX (+7.0%) and VGC (+7.0%) both rocketed to the daily trading ceiling and have surged 19.2% and 17.7% over the last three trading sessions, respectively. 

*  Among real estate players, GVR (+3.7%), BCM (+3.7%) and DXG (+7.0%) advanced. 

*  Securities brokerages extended their recent hot streak with SSI (+3.7%), VND (+5.1%), HCM (+4.5%) and VCI (+1.4%) increasing.

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