- 2022-07-16T00:00:00
- Market Commentary
* DRC: Preliminary Q2 2022 results slightly trail our forecast
* MSN: MSN’s indirectly-owned unit H.C.Stark invests USD53mn in battery business Nyobolt
* CTR: Earnings growth driven by towerco and construction - Earnings Flash
* Market wrap: VN-Index inches down despite strong day from steel stocks
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Market wrap: VN-Index inches down despite strong day from steel stocks
The VN-Index inched down two tenths of a percent on Friday as strong performances from steel stocks could not offset declines in other sectors. Nevertheless, the VN-Index gained seven tenths of a percent for the week.
* GAS (-1.3%) was the top contributor to the day’s loss.
* Food & beverage players MSN (-1.3%) and VNM (-1.1%) dropped.
* MWG (-1.8%) fell for the fifth day in a row and decreased 5.4% for the week.
* Airline VJC (-1.6%) has declined in four out of the past five trading sessions.
* On the positive side, steelmakers HPG (+4.5%), HSG (+1.1%) and NKG (+2.0%) experienced strong gains.
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