VCSC Daily - VN-Index falls, trading volume on HOSE hits three-month high - FPT, BSR, HDG, STB
  • 2022-08-11T00:00:00
  • Market Commentary

*  Domestic petroleum prices drop to six-month low
*  FPT's 7M 2022 results: Booming growth across segments leads to 30% YoY surge in NPAT-MI — BUY  
*  BSR: Cheap valuation as earnings reach historic high – Update
*  HDG: Higher revenue for Hado Minh Long offsets sales delay – Update
*  STB: NIM to normalize starting in Q3 2022 – Update
*  Market wrap: VN-Index falls, trading volume on HOSE hits three-month high

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Market wrap: VN-Index falls, trading volume on HOSE hits three-month high 

The VN-Index dropped for the second day in a row, closing down by three-tenths of a percent on Thursday as trading turnover on HOSE jumped to a three-month high of USD802.6mn. 

*  In the real estate sector, NVL (-2.3%) was the top contributor to the day’s loss, and DIG (-5.0%) snapped a two-day winning streak. Conversely, VIC (+1.5%) and its subsidiary VRE (+1.8%) advanced. 

*  Steel stocks HPG (-1.7%), NKG (-4.2%) and HSG (-2.9%) declined. 

*  VNM (-1.9%) has dropped in six out of the past eight trading sessions.

*  Banks were mixed. VPB (-1.7%), MBB (-1.5%) and TCB (-0.8%) fell, while SSB (+1.3%), STB (+1.2%) and HDB (+1.0%) increased.

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