- 2022-02-28T00:00:00
- Market Commentary
* GVR: Valuation looks fair despite ongoing solid growth – Update
* MSN: Strong growth in consumer businesses to continue – Update
* MWG:Strong business execution to sustain high earnings growth – Update
* SAB: Beer sales set to rebound as COVID-19 disruptions fade – Update
* SSI: Capital and headcount ramped up to defend market share – Update
* VCB: New approach to modelling LLR boosts valuation – Update
* VTP: Earnings to rebound from COVID-19 disruptions – Update
* TDP: Ecofriendly shopping bags a potential growth driver - Company Visit Note
* Market wrap: VN-Index drops to start new week, led by VIC
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Market wrap: VN-Index drops to start new week, led by VIC
The VN-Index closed down by six tenths of a percent on Monday as strong performances from steel and fertilizer tickers could not offset losses in the real estate and banking sectors.
* VIC (-2.6%) slumped to a 52-week low and was the top contributor to the day’s loss. Vingroup subsidiaries VHM (-1.0%) and VRE (-1.5%) also decreased.
* Bank tickers BID (-1.9%), CTG (-2.1%) and SSB (-2.5%) dropped.
* Airlines VJC (-3.4%) and HVN (-2.1%) were down.
* HPG (+2.8%) was the day’s top contributing gainer. Additionally, fellow steelmaker HSG (+7.0%) soared to the daily ceiling.
* Fertilizer manufacturers DPM (+6.9%) and DCM (+6.9%) have surged 21.5% and 22.9%, respectively, over the last four trading sessions.
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