- 2022-07-01T00:00:00
- Market Commentary
* Vietnam’s manufacturing sector expands for ninth straight month
* Petroleum prices slide on easing global oil prices
* HUT: Ambitious restructuring plan – Company Visit Note
* NBC: Transition to underground mining to bear fruit in 2022 – Company Visit Note
* Market wrap: VN-Index inches up to begin July
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Market wrap: VN-Index inches up to begin July
After spending the bulk of Friday in negative territory, the VN-Index jumped at the end of the session to close up by a tenth of a percent. Additionally, the VN-Index finished the week up 1.1%, snapping a three-week losing streak.
* Banks BID (+4.6%), CTG (+3.1%), VIB (+5.8%), TCB (+1.3%), HDB (+2.1%) and STB (+2.3%) all experienced robust gains. However, VCB (-1.1%) was an outlier as it fell for the third straight day.
* Securities brokerages VND (+6.9%), SSI (+4.8%), VCI (+6.9%) and HCM (+6.9%) were strong.
* GAS (-2.2%) fell for the second day in a row and was the day’s top contributing laggard.
* Other notable decliners included MSN (-2.2%), VIC (-1.2%), VHM (-1.1%) and MWG (-1.7%).
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