VCSC Daily - VN-Index extends losing streak to four sessions - HPG, KBC, MWG, DGW
  • 2023-02-14T00:00:00
  • Market Commentary

* Water Sector: Residential segment to support volume growth
* HPG: Earnings to rebound with steel prices in 2023; full valuation - Update
* KBC: Core profit to recover strongly in 2023 - Update
* MWG: Attractively valued on double-digit EPS growth outlook - Update
* DGW: Management is confident about H2 2023 - Analyst Meeting Note
* Market wrap: VN-Index extends losing streak to four sessions

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Market wrap: VN-Index extends losing streak to four sessions 

The VN-Index dropped by a half of a percent on Tuesday for its fourth straight negative session as trading turnover on HOSE plunged by more than 35% from Monday’s session to USD284.8mn. 

* VHM (-3.7%) has tumbled 5.8% over the last two days. In addition, fellow real estate developer NVL (-6.6%) dropped to the daily trading floor for the second day in a row. 

* The banking sector was mixed. BID (-2.2%), VCB (-1.1%), CTG (-1.5%) and VPB (-1.8%) were all among the day’s top contributing laggards. Conversely, EIB (+3.5%), TPB (+2.2%), OCB (+3.0%) and VIB (+1.5%) advanced. 

* Steelmaker HPG (+2.0%) ended a three-session losing streak.

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