- 2022-12-30T00:00:00
- Market Commentary
* DCM raises its 2022 NPAT guidance by 7x, within our expectation
* Macro Thought Piece: China’s reopening to partly cushion the negative impact of global slowdown on Vietnam’s economy
* Market wrap: VN-Index ends lower on the last trading day of 2022
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Market wrap: VN-Index ends lower on the last trading day of 2022
The VN-Index dropped 0.22% on Friday due to a late sell-off. By closing out the year at 1,007.09, the index marked a 3.9% loss in December and nearly a 33% decline from the end of 2021.
* Stocks in the financials sector showed differentiated performances as BID, VCB, MBB and TPB dropped but CTG, EIB, VPB and STB increased.
* Large-caps in the consumer staples sector, such as SAB, VNM and MSN closed in negative territory but mid-cap names, including HAG, VHC and BAF, performed better.
* Real estate stocks traded mixed with gains from VHM, VIC, NLG and KBC and declines from NVL, KDH, VRE and VPI.
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