VCSC Daily - VN-Index falls for a second consecutive day - KBC, VIC - Banking
  • 2022-12-08T00:00:00
  • Market Commentary

* KBC’s EGM documents released with 2023 guidance, treasury share purchase plan, cash dividend and cancelation of private placement plan 

* VIC: VinFast Trading & Investment Pte. Ltd. submitted F-1 form to the U.S. Securities and Exchange Commission (SEC) to prepare for IPO 

* Macro Update: Production slows on weaker new orders

* Banking Sector Update - Switch from SOE banks to private banks

* Market wrap: VN-Index falls for a second consecutive day 

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Market wrap: VN-Index falls for a second consecutive day 

The VN-Index fell 0.73% on Wednesday to mark a second consecutive loss. Trading liquidity on the HOSE also dropped to a moderate level at USD585 million.  

* The financials sector was again the biggest contributor to the VN-Index’s loss as a gain from CTG could not offset losses from other banks such as VCB, VPB, TCB and MBB. 

* Consumer tickers traded mixed as SAB, SBT, MWG, FRT rose but MSN, HNG, PNJ and DGW dropped.  

* The real estate sector outperformed the VN-Index as VIC closed at limit up following the IPO registration news of VinFast. VHM, VRE and KDH also closed higher.

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