VCSC Daily - VN-Index drops for sixth straight session - DGC, OIL, VHM, CII, DPM, GDT, NLG, TPB
  • 2022-04-21T00:00:00
  • Market Commentary

*  DGC: Positive Q2 2022 earnings guidance
*  OIL analyst meeting: Robust preliminary Q1 2022 results; experimenting with convenience store model  
*  VHM: AGM documents guide for 2022 NPAT of USD1.3bn, down 23% vs 2021’s high base
*  CII: Strong profit from divestments in Q1 2022 - Earnings Flash
*  DPM: Strong urea prices, volume bolster stellar Q1 2022 profit - Earnings Flash
*  GDT: Business recovery, acquisition deal on track - Earnings Flash
*  NLG: Weak Q1 2022 profit result due to mix of timing recognition - Earnings Flash
*  TPB: Investment securities drag on NIM, NOII - Earnings Flash
*  Market wrap: VN-Index drops for sixth straight session

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Market wrap: VN-Index drops for sixth straight session 

On Thursday, the VN-Index fell for its sixth consecutive session, closing down by 1.0% as investors focused their selling efforts on real estate tickers. 

*  VHM (-4.2%) was the top contributor to the day’s loss. The real estate developer’s share price has slumped more than 16% since April 6. 

*  Many other real estate players fell, including GVR (-6.3%), VIC (-2.3%), BCM (-4.6%), NVL (-1.6%) and DIG (-6.9%). 

*  Other notable decliners included GAS (-1.5%), VJC (-3.9%) and MSN (-1.0%). 

*  On the positive side, banks BID (+1.4%), TCB (+1.3%), MBB (+1.7%), CTG (+1.0%) and VIB (+1.6%) were among the day’s top contributing gainers. In addition, securities brokerages VND (+6.8%), SSI (+2.4%) and VCI (+3.4%) increased.

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