VCSC Daily - VN-Index closes nearly unchanged - ACV, BID, CII, CTG, DIG, PVD
  • 2022-03-04T00:00:00
  • Market Commentary

* ACV: Earnings to recover as international tourism resumes – Update
*  BID: Drop in restructured loans telegraphs strong 2022 growth – Update
*  CII: Divestment from subsidiary to boost profit growth – Update
*  CTG: Lower 2022F provision burden sets up for strong growth – Update
*  DIG: Development progress in line; unattractive valuation – Update
*  PVD: Valuation looks full despite stronger day rates, oil prices – Update
*  Market wrap:  VN-Index closes nearly unchanged

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Market wrap: VN-Index closes nearly unchanged 

The VN-Index experienced an up-and-down session on Friday but ultimately finished the day nearly unchanged as investors were cautious due to volatility in global markets caused by the Russia-Ukraine conflict. For the week, the VN-Index increased by four tenths of a percent. 

*  VPB (+1.7%) was the top contributor to the day’s small gain. Fellow banks BID (+1.2%) and ACB (+2.5%) also advanced. 

*  MSN (+1.4%) increased for the fourth straight day. 

*  In the real estate sector, VRE (+3.2%), DIG (+3.0%) and PDR (+2.8%) climbed. On the other hand, NVL (-1.2%) and BCM (-1.4%) fell. 

*  Oil & gas tickers GAS (-2.2%) and PLX (-2.7%) both dropped. 

*  Brewer SAB (-4.2%) has slumped 5.3% over the last two trading sessions.

*  The two listed airlines diverged as HVN (+1.6%) climbed, while VJC (-2.8%) slid for the second day in a row.

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