VCSC Daily - VN-Index climbs for third straight day - ACB, PVT, C4G
  • 2023-03-23T00:00:00
  • Market Commentary

* Fed raises policy rate by another 25 bps
* ACB’s 2023 AGM documents: PBT targeted to exceed VND20tn in 2023 (+17.2% YoY); paying dividend of 25% of par for FY2023
* PVT publishes AGM materials
* C4G: Public investment disbursement to support earnings - Visit Note
* Market wrap: VN-Index climbs for third straight day

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Market wrap: VN-Index climbs for third straight day 


On Thursday, the VN-Index increased by four-tenths of a percent and closed up for its third straight day as the turnaround of banking and securities stocks at the end of the session pulled the index into positive territory. 


* VCB (+1.9%) was the top contributing gainer for the second day in a row. Fellow banks ACB (+1.4%) and SHB (+2.9%) also advanced. 


* Securities brokerages VCI (+6.6%) and SSI (+2.5%) were strong. 


* PLX (+3.3%) recorded its first positive session since March 15. 


* MSN (-1.2%) has finished lower in five out of the last six trading sessions.


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