- 2022-05-16T00:00:00
- Market Commentary
* BMI: May 31 record date for FY2021 cash dividend
* BWE: Cheap funding bolsters long-term expansion
* VEA: Vehicle demand remained strong in April, but supply chain disruptions exceeded our expectations — especially regarding motorbike supply
* BSR: Looking forward to strong spreads continuing in Q2 2022 - Update
* DHC: Profit margins to improve as COVID-19 disruptions ease – Update
* GMD: Gemalink Phase 2 to be key profit driver from 2023F – Update
* HDB: Positive outlook on NIM with potential cheap funding flows - Update
* KDH: Solid outlook for new project launches in 2022 – Update
* NLG: Solid financial position to support development pipeline – Update
* PNJ: Competitive advantages underpin solid growth outlook - Update
* STK: Bright outlook for recycled yarn remains intact - Update
* TLG: 2022F sales & EBIT margin rebound give attractive valuation – Update
* VHC: Robust demand, tight supply send earnings to new highs – Update
* Market wrap: VN-Index drops to 14-month low
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Market wrap: VN-Index drops to 14-month low
On Monday, the VN-Index dropped by ninth tenths of a percent to close at a 14-month low of 1,171.95 as strong selling pressure hit large-cap stocks during the afternoon session.
* VHM (-3.2%) extended its losing streak to three sessions and was the top contributor to the day’s loss while its parent company VIC (-1.3%) also declined. On the other hand, Vingroup subsidiary VRE (+3.7%) increased.
* GAS (-5.0%) has tumbled nearly 13% over the last three sessions. Meanwhile, petroleum distributor PLX (+4.7%) gained after dropping 12.5% over the previous three trading days.
* MSN (-6.9%) and BCM (-7.0%) both slid to the daily trading floor.
* Banks were mixed for the day. VCB (+1.6%), CTG (+2.7%), BID (+1.3%), MBB (+2.1%) and TPB (+3.3%) were among the day’s top contributing gainers. Conversely, TCB (-3.5%), STB (-6.8%) and SHB (-5.1%) decreased.
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