VCSC Daily - VN-Index drops slightly, led by banks - LPB, DRC, SCS, MWG
  • 2022-02-18T00:00:00
  • Market Commentary

* LPB: Seven retail investors registered to buy LPB’s shares from Vietnam Post (VNPost) through auction
*  DRC: Export demand to boost sales volume, offsetting lower GPM - Update
*  SCS: Expecting a strong year in 2022F as Vietnam reopens – Update
*  MWG: TGDD & DMX dominant; BHXs performance to improve - Analyst Meeting Note
*  Market wrap: VN-Index drops slightly, led by banks

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Market wrap: VN-Index drops slightly, led by banks 

The VN-Index (-0.21%) witnessed a small correction on Friday amid weakness in banks. However, it still recorded a modest gain of 0.21% compared to the previous week’s close.  

* All banking tickers in the VN30 Index closed in the red, including BID (-2.8%), TCB (-1.2%), MBB (-1.7%) and VPB (-1.1%). Brokerage tickers, however, posted positive moves as VCI (+2.4%), VND (+1.4%), HCM (+1.9%) and SSI (+0.4%) increased.  

* Real Estate tickers traded mixed as VHM (-1.4%), VIC (-1.1%), VRE (-2.5%) and NVL (-0.6%) dropped but DXG (+2.1%), LDG (+6%), NBB (+6.9%), and SCR (+2.8%) gained. 

* Oil & Gas stocks such as GAS (-1.4%), PLX (-0.33%), PVD (-0.6%) and PVT (-2.7%) declined along with a correction in the Brent oil price.

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