- 2022-01-27T00:00:00
- Market Commentary
* Petroleum Sector: Nghi Son refinery reduces its utilization rate due to financial difficulties
* VPB’s shareholders approve new FOL
* HT1: Earnings to rebound in 2022 despite high input costs – Update
* PPC: Prolonged technical issue to weigh on share price – Update
* ACB: Provisions spike, but NPAT in line with our expectation - Earnings Flash
* BMP: Strong QoQ earnings rebound in Q4 2021Strong QoQ earnings rebound in Q4 2021 - Earnings Flash
* BSR: Earnings beat forecast on robust spreads and volume - Earnings Flash
* DCM: Strong urea prices bolster Q4 despite low sales volume - Earnings Flash
* DPM: Earnings beat our forecast despite modest volume - Earnings Flash
* SAB: Results beat amid beer sales recovery and Tet campaign - Earnings Flash
* VIB: CASA ratio improvement counteracts credit cost spike - Earnings Flash
* Market wrap: VN-Index edges up as banks continue positive momentum
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Market wrap: VN-Index edges up as banks continue positive momentum
The VN-Index inched up by a tenth of a percent on Wednesday as investors continued to focus on several bank stocks.
* GAS (+2.5%) was the top contributor to the day’s gain as it jumped to its highest share price since November 18, 2021. In addition, petroleum distributor PLX (+4.8%) jumped to a two-month high.
* Many banking tickers continued their positive momentum from Tuesday, including VPB (+2.9%), CTG (+1.8%), MBB (+2.1%), SHB (+3.7%), VIB (+2.8%) and TCB (+1.0%). Notably, LPB (+7.0%) hit the trading ceiling for the second day in a row. On the other hand, VCB (-1.4%), BID (-1.8%) and TPB (-1.4%) fell.
* VRE (+2.3%) has risen 9.3% over the last two trading sessions.
* On the negative side, MSN (-3.9%) continued its up-and-down week and was the day’s top contributing decliner.
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