VCSC Daily - VN-Index falls for third straight session - MBB, ACV, NLG
  • 2023-02-13T00:00:00
  • Market Commentary

* MBB to reduce lending rate by up to 1% for loans to corporates having revenue below VND100bn

* ACV: International passengers to drive further recovery in 2023 – Update

* NLG: Upbeat deliveries at Mizuki Park lead 2023 profit – Update

* Market wrap: VN-Index falls for third straight session

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Market wrap: VN-Index falls for third straight session

The VN-Index was down as much as 2.2% on Monday before bottom-fishing demand at the end of the session lessened the day’s loss to 1.1%. 

* Banks VCB (-1.1%), VPB (-2.9%), EIB (-7.0%), VIB (-3.8%) and OCB (-6.9%) were among the day’s leading contributing laggards. On the other hand, BID (+3.4%) and STB (+3.6%) posted strong gains. 

* Real estate tickers VHM (-2.2%), VIC (-1.1%) and NVL (-6.9%) fell. 

* GVR (-4.4%) is down 10.2% over the last five trading days. 

* Food & beverage players MSN (+1.9%) and SAB (+1.3%) increased.

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