VCSC Daily - VN-Index edges up, led by real estate tickers - DGC, HDG, MWG, PNJ, SAB
  • 2021-12-21T00:00:00
  • Market Commentary

* State-owned Vinachem registers to sell its remaining 3.5% stake in DGC
*  HDG: Preliminary 2021 NPAT before MI beats our forecast
*  MWG guides for strong profit growth in 2022 — broadly in line with our expectations – BUY
*  PNJ: NPAT resumes growth in November but moderately undershoots our expectation
*   SAB to pay the first interim cash dividend of VND2,000 (yield of 1.3%) for FY2021
*  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 

The VN-Index continued to move sideways on Tuesday, edging up by just a tenth of a percent as investors focused their buying on real estate stocks. 

*  VHM (+3.0%) climbed to a fourth-month high and was the top contributor to the day’s gain. Meanwhile, parent company VIC (-0.9%) dropped for its second day in a row. 

*  Several other real estate players experienced significant gains, including DIG (+6.9%), NVL (+1.1%), KBC (+4.3%) and NLG (+4.3%). 

*  MSN (+2.8%) advanced to a new all-time high. 

*  Fertilizer producers DPM (+6.9%) and DCM (+5.9%) surged. 

*  GAS (-2.8%) has tumbled 5% in the past two days.

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