- 2023-04-17T00:00:00
- Market Commentary
* Government defers tax and land rent payment deadlines for 2023
* Power Sector: CGM price increases 11% YoY in Q1 2023, but electricity production volume declines 2% YoY
* HDB seeks shareholder approval to acquire securities company
* PVS wins mechanical & construction contract for offshore wind power project, announces conservative 2023 guidance
* VHC: March sales decline YoY
* CTD: No provision, high financial income to support earnings – Update
* PTB: Aiming for higher capital returns, slower growth – AGM Note & Update
* BMI: Conservative guidance; plans for network expansion – AGM Note
* DXS: Conservative 2023 guidance amid weak demand – AGM Note
* Market wrap: VN-Index edges up as trading turnover plunges
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Market wrap: VN-Index edges up as trading turnover plunges
The VN-Index inched up by a tenth of a percent on Monday as market activity was tepid with trading turnover on HOSE at just USD342.8mn, which was nearly 40% lower vs last Friday’s session.
* Banks BID (+1.2%) and TCB (+1.9%) were the day’s top two contributing gainers. Meanwhile, LPB (-3.4%) and HDB (-1.0%) dropped.
* NVL (+4.2%) bounced back after falling 5.6% over the previous two trading days.
* Food & beverage manufacturers VNM (-1.5%) and SAB (-1.8%) were the top two contributing laggards.
* In the energy sector, both GAS (-0.9%) and PLX (-1.1%) declined.
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