VCSC Daily - VN-Index edges up but finishes February down 7.8%
  • 2023-02-28T00:00:00
  • Market Commentary

* Production and trade remained weak in February
* Market wrap: VN-Index edges up but finishes February down 7.8% 

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Market wrap: VN-Index edges up but finishes February down 7.8% 

On Tuesday, the VN-Index edged up by three-tenths of a percent for its first positive day since February 20, but trading turnover on HOSE dropped to just USD272.7mn as investors exhibited caution. For the month of February, the VN-Index tumbled 7.8%.

* MSN (+2.6%) climbed after its 15.4% plunge over the five previous trading days.

* Vingroup subsidiaries VHM (+1.5%) and VRE (+3.7%) advanced. 

* In the airline sector, VJC (+1.5%) has gained nearly 4% over the last two days. Conversely, HVN (-3.6%) has dropped 6.9% over the last two sessions. 

* TCB (-1.8%) fell for its third straight session and was the day’s top contributing decliner.

* Retailer MWG (-1.3%) has declined more than 10% since February 22.

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