- 2022-05-11T00:00:00
- Market Commentary
* SBV raises selling price for USD in 3M-forward contracts
* Domestic petroleum prices hit fresh highs
* BWE: Weak April sales volume trails our forecast; Binh Phuoc Province’s water tariff increase approved
* GDT: New furniture factory adds to strong earnings rebound – Update
* VIC: Localization strategy to support VinFast's EV business - AGM Note
* MSN: Businesses heading in the right direction - Analyst Meeting Note
* VNM: High material costs to remain headwind - Analyst Meeting & Company Visit Note
* Market wrap: VN-Index climbs for second consecutive day
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Market wrap: VN-Index climbs for second consecutive day
The VN-Index climbed six tenths of a percent on Wednesday as investors focused their buying efforts on bank and real estate tickers after the recent downtrend of the market.
* CTG (+5.9%) was the top contributor to the day’s gain. Fellow banks EIB (+7.0%) and ACB (+2.6%) also increased.
* Industrial real estate developer BCM (+5.7%) has jumped 13.1% over the last two days.
* FPT (+3.6%) gained for the second day in a row.
* REE (+6.9%) and DIG (+7.0%) both soared to the daily trading ceiling.
* On the negative side, blue chips MSN (-3.6%), VNM (-1.6%) and HPG (-1.1%) were the day’s top three contributing laggards.
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