VCSC Daily - VN-Index climbs back on Tuesday afternoon, mitigating loss - FRT, GMD, LPB, QNS, VHM, VPB
  • 2022-02-22T00:00:00
  • Market Commentary

* FRT: Mobile margin improvements to elevate 2022 earnings – Update
*  GMD: Gemalink to be medium-term profit growth driver – Update
*  LPB: 2022 estimates unchanged apart from lower provisions – Update
*  QNS: Soft earnings outlook amid risk of sugar price correction – Update
*  VHM: Dream City to launch in H1 2022; attractive valuations – Update
*  VPB: Heading into brighter year with strong capital buffer – Update
*  Market wrap: VN-Index climbs back on Tuesday afternoon, mitigating loss
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Market wrap: VN-Index climbs back on Tuesday afternoon, mitigating loss

Despite being down 1.6% in the early afternoon on Tuesday, the VN-Index climbed back throughout the remainder of the session to ultimately close down by a half of a percent as global financial markets have wobbled due to brewing tensions between Russia and Ukraine. 

*  VIC (-1.9%) wiped out its 1.7% gain from Monday. Meanwhile, Vingroup subsidiary VRE (+1.2%) increased for the second straight day. 

*  MSN (-1.7%) has dropped 3.5% over the last two days. 

*  DIG (-6.9%) plunged to the trading floor, ending a six-session winning streak. 

*  Airlines VJC (-2.2%) and HVN (-2.6%) are down 4.2% and 4.4%, respectively, so far this week. 

*  Banks MBB (+5.4%), BID (+1.7%), TPB (+1.5%) and STB (+1.5%) were among the day’s top contributing gainers. 

*  Other notable gainers included MWG (+2.8%) and PLX (+3.5%).

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