VCSC Daily - VN-Index climbs to seven-week high - SZC, MSN
  • 2022-08-02T00:00:00
  • Market Commentary

* SZC to pay FY2021 cash dividend of VND1,000/share — equivalent to 1.9% dividend yield

* Vietnam Earnings Update – H1 2022 earnings tracking well vs our forecasts

* MSN: Striving for further improvements in H2 2022 – Analyst Meeting Note

* Market wrap: VN-Index climbs to seven-week high

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Market wrap: VN-Index climbs to seven-week high

The VN-Index advanced eight tenths of a percent on Tuesday and hit a seven-week high as investor sentiment was boosted following strong earnings results from many companies. 

* VHM (+4.2%) increased for its fourth straight session and was the top contributor to the day’s gain. Parent company VIC (+2.9%) also climbed. 

* VCB (+2.5%) has jumped 5.6% over the last two days. On the other hand, fellow bank BID (-1.3%) snapped a three-session winning streak and was the day’s top contributing laggard. 

* Brewer SAB (+2.6%) has surged 12% over the last four trading days. 

* Other notable gainers included FPT (+1.2%), MWG (+1.1%) and REE (+3.4%).

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