VCSC Daily - VN-Index edges down on ETF restructuring - MWG, NVL
  • 2023-03-17T00:00:00
  • Market Commentary

* Power Sector: EVN’s 2023-2025 restructuring plan

* MWG’s 2023 AGM documents guide for low-single-digit NPAT growth; no ESOP for FY2022

* Former CEO of Gamuda Land Vietnam becomes new CEO of NVL

* Market wrap: VN-Index edges down on ETF restructuring

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Market wrap: VN-Index edges down on ETF restructuring

The VN-Index inched down by two-tenths of a percent on Friday following the portfolio restructuring of major ETFs. For the week, the VN-Index declined by seven-tenths of a percent. 

* VCB (-2.2%) was the top contributor to the day’s loss. On the other hand, fellow banks VPB (+1.3%) and HDB (+3.6%) climbed. 

* Vingroup subsidiaries have diverged over the past two days with VHM (-2.6%) dropping 5.8% and VRE (+1.9%) advancing 3.5%. 

* Oil & gas tickers GAS (-0.9%) and PLX (-2.6%) both fell. 

* Airline VJC (+6.8%) increased 8.2% for the week.

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