VCSC Daily - VN-Index closes below 1,000 - DGC, ACG, DCM
  • 2022-10-24T00:00:00
  • Market Commentary

* SBV raises USD selling price to VND24,870

* DGC’s Q4 2022 guidance: Conservative financial targets; chlor-alkali-vinyl project to begin construction

* ACG: Positive Q3 earnings; outlook worsens vs our expectation - Earnings Flash

* DCM: Strong Q3 2022 results thanks to high urea prices – Earnings Flash

* Market wrap: VN-Index closes below 1,000

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Market wrap: VN-Index closes below 1,000

The VN-Index plunged 3.3% on Monday to close at a 23-month low of 986.15 as investors remained pessimistic following last Friday’s 3.6% drop. 

* VHM (-7.0%) was the top contributor to the day’s loss. Fellow Vingroup subsidiary VRE (-6.9%) also fell, extending its losing streak to four consecutive sessions. 

* Banks BID (-6.9%), TCB (-7.0%), CTG (-3.0%) dropped. 

* SAB (-6.2%) snapped a four-session winning streak. 

* GVR (-6.9%) has nosedived 16.4% over the last four trading days.

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