VCSC Daily - VN-Index drops as large-cap stocks plunge at end of trading - GEG, HPG, KDH, PC1, PTB, TPB, VTP, FPT
  • 2023-04-06T00:00:00
  • Market Commentary


 
• GEG’s 2023 AGM documents guide for 58% YoY decrease in NPAT before MI, propose rights issue  

• HPG: Sales volume remained weak in March

• KDH’s AGM Documents: Guidance for NPAT to decline in 2023, which is still higher than our forecast 

• PC1’s 2023 AGM documents guide for 3% YoY decrease in NPAT before MI

• PTB’s 2023 AGM documents: Wood weakness partly offset by stone sales growth 

• TPB releases 2023 AGM documents with goals for 2023-2028 and guidance for 11% YoY PBT growth in 2023 

• VTP’s 2023 AGM documents guide for double-digit earnings growth 

• FPT: Management eyes solid earnings growth in 2023 - AGM Note

• Market wrap: VN-Index drops as large-cap stocks plunge at end of trading  

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Market wrap: VN-Index drops as large-cap stocks plunge at end of trading  

The VN-Index dropped nine-tenths of a percent on Thursday with the large-cap VN30 Index plunging 14 points in the final hour of trading and 22 of its 30 components finishing in the red. 

* VHM (-1.9%) was the top contributor to the day’s loss. In addition, parent company VIC (-1.8%) has declined 6% over the last three days. 

* Most banks were down, including VCB (-1.0%), CTG (-1.5%), VPB (-1.4%), MBB (-1.6%), ACB (-1.6%) and STB (-2.3%). On the other hand, BID (+1.1%) was the day’s top contributing gainer. 

* Other notable decliners included GVR (-3.7%) and MSN (-1.8%).

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