- 2023-03-08T00:00:00
- Market Commentary
* Water Sector: BWE’s preliminary 2M 2023 results are in line with our forecast, but TDM’s results slightly trail our forecast due to technical issue
* DGC’s 2023 AGM Documents: Conservative NPAT guidance – in line with our expectation
* TDM’s AGM materials: Change in purpose of capital raising to include M&A of Ca Mau water plant
* VNM – Commencement of first stage of beef processing & trading joint venture
* ACB: Conservative strategy for sustainable growth – Update
* Market wrap: VN-Index climbs 1.1%, led by banks
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Market wrap: VN-Index climbs 1.1%, led by banks
On Wednesday, the VN-Index increased 1.1% — its second day in a row of closing up by more than 1% — as foreign investors were net buyers for the second consecutive session and large-cap stocks performed well.
* Bank stocks had a positive impact on the overall index as BID (+2.3%), VPB (+4.3%), CTG (+1.4%), ACB (+2.0%) and EIB (+4.6%) were all among the top contributors to the day’s gain.
* MSN (+2.7%) has jumped 8.1% over the last two days.
* VRE (+2.4%) climbed for the third day in a row.
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