VCSC Daily - VN-Index closed the week with a strong gain

* MWG’s 10M 2022 results: Weaker-than-expected sales in mobile and consumer electronics; BHX’s sales/store stagnated MoM
* VCB: VCB reduces lending interest rates by up to 1 ppt per year for existing customers
* Macro Flash Note: Declines in orders negatively impact employment
* SAB: Growth to slow due to economic headwinds – Update
* VHC: Earnings to fall in 2023 on economic turbulence – Update
* Market wrap: VN-Index closed the week with a strong gain

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Market wrap: VN-Index closed the week with a strong gain

The VN-Index soared by 2.5% on Friday and closed at a 2-week high as foreign investors continued to be net buyers on the market with net purchases of USD38.8mn.

* The financials sector was the biggest contributor to the VN-Index’s gain, led by rallies from BID, CTG, TCB and VPB.

* Most real estate stocks performed well, including VIC, VHM, KDH, DIG and KBC. However, NVL and PDR again closed limit down.

* Consumer tickers traded mixed with gains from MSN, VNM, FRT and DGW and losses from SAB, VHC, GDT and GMC.