VCSC Daily - VN-Index ends two-day losing streak, posts fifth straight weekly gain - HDB, GMD, HPG, PTB, VIB
  • 2022-08-12T00:00:00
  • Market Commentary

* HDB plans to support distressed credit institution, issue bonds in international market 

* GMD: Solid profit outlook supported by capacity expansion - Update

* HPG: Narrowing spread to hit 2022F earnings; stock oversold - Update

* PTB: Outperforming as demand slows, undemanding valuation - Update

* VIB: Boost in retail loans compensates for lower credit growth - Update

* Market wrap: VN-Index ends two-day losing streak, posts fifth straight weekly gain 


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Market wrap: VN-Index ends two-day losing streak, posts fifth straight weekly gain 


The VN-Index advanced eight-tenths of a percent on Friday as investors bought shares after the index dropped on the previous two days. For the week, the VN-Index climbed eight-tenths of a percent, marking its fifth straight positive week. 


* BID (+2.3%) snapped a five-session losing streak and was the day’s top contributing gainer. 


* HPG (+2.3%) rebounded following its 2.9% drop over the previous two sessions. Fellow steel stocks HSG (+6.9%) and NKG (+5.6%) also increased. 


* GAS (+1.2%) finished the week up 4.5%. 


* VGC (+6.9%) surged to the daily trading ceiling and jumped 12.9% on the week.

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