VCSC Daily - VN-Index edges up, led by VHM - MCM, VEA
  • 2022-03-09T00:00:00
  • Market Commentary


*  MCM: AGM documents guide for modest growth in revenue and earnings in FY2022  
*  VEA: Vietnam’s passenger car and motorbike sales surge YoY in February, as expected  
*  Fixed Income February 2022: Interbank interest rates hit nearly two-year high
*  Airlines Sector: Fair valuation despite more visible recovery pathway
*  Market wrap: VN-Index edges up, led by VHM

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Market wrap: VN-Index edges up, led by VHM 

The VN-Index edged up by four tenths of a percent on Thursday as the overnight rally on Wall Street boosted investor sentiment. 

*  VHM (+1.6%) snapped a four-session losing streak and was the top contributor to the day’s gain. VHM’s parent company VIC (+1.4%) also increased. 

*  Dairy manufacturer VNM (+2.7%) ended a six-session losing streak. 

*  Airline HVN (+4.8%) jumped to its highest share price since February 23. 

*  Following the recent plunge in global oil prices, GAS (-3.0%) and PLX (-2.7%) both erased the gains they made on Wednesday. 

*  MSN (-3.5%) has dropped 5.5% over the last two days.

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