- 2022-01-18T00:00:00
- Market Commentary
* DPM to advance 2021 cash dividend of VND1,000/share in February
* Fertilizer Producers Sector Update - Global urea prices decline but remain higher YoY
* PNJ: Strong business recovery in Q4; results broadly in line - Earnings Flash
* PPC: Pha Lai 2's technical issues to prolong into Q3 2022 - Earnings Flash
* PTB: 2021 earnings results, 2022 guidance broadly in line - Earnings Flash
* Market wrap: VN-Index continues slide
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Market wrap: VN-Index continues slide
On Tuesday, the VN-Index fell by nearly 1% and slumped to its lowest level since December 6, 2021, as Monday’s plunge affected investors’ confidence.
* VHM (-2.6%) dropped to an eight-month low and was the top contributing laggard for the second day in a row. In addition, parent company VIC (-1.1%) declined for the second straight day.
* Other real estate players continued to struggle, including GVR (-6.5%), DIG (-6.9%) and BCM (-3.8%).
* Securities brokerages extended their downtrend as SSI (-6.6%), VND (-6.9%), VCI (-6.9%) and HCM (-4.9%) fell.
* Banks VCB (+1.6%), BID (+2.9%), STB (+4.0%), MBB (+1.4%) and HDB (+1.9%) were among the day’s top contributing gainers.
* Fertilizer manufacturers DPM (+6.9%) and DCM (+7.0%) both surged to the daily trading ceiling.
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