VCSC Daily - VN-Index climbs to six-week high - BSR, GAS, PNJ, BMI, BMP, PLX, REE, STB, STK, IDC, CTR
  • 2022-02-22T00:00:00
  • Market Commentary

* Domestic petroleum prices escalate further
*  BSR announces conservative 2022 guidance — in line with expectation  
*  GAS sets conservative guidance for 2022 — within expectation
*  PNJ: Strong January results led by retail business — OUTPERFORM
*  BMI: Market share to hold in 2022 after 2016-2019 decline – Update
*  BMP: 2022F profit rebound on sales recovery, margin expansion – Update
*  PLX: Short-term headwinds from NSR; recovery outlook intact – Update
*  REE: Additional wind power capacity to strengthen growth – Update
*  STB: STB approaches end of road in legacy clearance – Update
*   STK: Recycled yarn, capacity expansion to fuel strong growth – Update
*   IDC: Expecting solid profit growth after restructuring - Company Visit Note
*  CTR: Management's guidance beats our expectations - Analyst Meeting Note
*  Market wrap: VN-Index climbs to six-week high

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

The VN-Index advanced by four tenths of a percent on Monday, hitting a six-week high on solid performances from the real estate and securities sectors. 

* VIC (+1.7%) was the top contributor to the day’s gain. Moreover, Vingroup subsidiaries VHM (+0.4%) and VRE (+1.5%) increased. 

* DIG (+3.8%) has surged 37.7% since February 14. Fellow real estate player GVR (+3.0%) also gained.

* Securities brokerages VND (+4.2%), SSI (+1.8%), VCI (+3.3%) and HCM (+1.8%) climbed. 

* MSN (-1.8%) snapped a two-session winning streak and was the day’s leading contributing laggard.

* Airlines VJC (-2.0%) and HVN (-1.8%) dropped.

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