VCSC Daily - VN-Index edges up, led by real estate tickers - BSR, FPT, NVL, VIB, DIG, HVN
  • 2023-03-24T00:00:00
  • Market Commentary

* BSR publishes AGM materials

* FPT's 2M 2023 results: 22% YoY NPAT-MI growth bolstered by strong Software Outsourcing profitability — BUY

* NVL reaches agreement to extend maturity of three bond lots; new BOD members nominated

* VIB finalizes record date for cash dividend of 5% of par value

* DIG: Slump in speculative demand hurts earnings outlook – Update

* HVN: China’s reopening to lead HVN’s post-pandemic recovery – Update

* Market wrap: VN-Index edges up, led by real estate tickers

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Market wrap: VN-Index edges up, led by real estate tickers

Rising real estate tickers helped the VN-Index to close up by two-tenths of a percent on Friday. The VN-Index also gained two-tenths of a percent for the week. 

* VHM (+2.1%) was the top contributor to the day’s gain and increased 13% for the week. Parent company VIC (+0.9) also advanced. In addition, fellow real estate developers NVL (+6.7%) and NLG (+6.9%) surged to the daily trading ceiling 

* Banks MBB (+2.0%), HDB (+2.0%) and LPB (+3.7%) climbed. Meanwhile, VCB (-1.9%) retreated after its 6.6% gain over the previous three days. 

* MSN (-1.3%) finished the week down 6.6%.

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