- 2022-03-30T00:00:00
- Market Commentary
* VTD: Earnings to recover as Vietnam fully reopens for tourism – Company Visit Note
* Market wrap: VN-Index declines despite strong performance from bank stocks
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Market wrap: VN-Index declines despite strong performance from bank stocks
The VN-Index dropped a half of a percent on Wednesday as the State Securities Commission advised investors to “remain calm” following the arrest of FLC’s chairman for market manipulation, according to VnExpress.
* NVL (-3.0%) was the top contributor to the day’s loss. In addition, fellow real estate player DIG (-6.4%) retreated after jumping to the trading ceiling on Tuesday.
* FLC (-6.7%) has plummeted 19.2% so far this week.
* Fertilizer manufacturers DPM (-7.0%) and DCM (-6.9%) plunged to the trading floor.
* GAS (-1.6%) and PLX (-2.5%) both dropped.
* On the positive side, several bank stocks increased, including BID (+2.7%), VIB (+4.7%), SSB (+4.2%), MBB (+2.0%), VPB (+1.1%) and HDB (+2.7%).
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