VCSC Daily - - VN-Index increases 1.3%, finishes week up 3.2% - GAS, ACV, BVH, CII, CTD, CTG, DHC, DIG, DXS, HDB, KDH, MSN, POW, PTB, PVD, PVT, REE, STB, VCB, VEA, VIB, VIC, VNM, VTP
  • 2021-07-30T00:00:00
  • Market Commentary

Market wrap: VN-Index increases 1.3%, finishes week up 3.2% 


The VN-Index increased for the fifth straight day, gaining 1.3% on Friday as investor sentiment was boosted by positive earnings results from several companies. For the week, the VN-Index climbed 3.2%, snapping a three-week losing streak. However, the VN-Index dropped 7% for the month of July, marking its first negative month since January.


-  Banks continued their recent uptrend, led by VPB (+5.7%), ACB (+5.9%), CTG (+1.5%), MBB (+1.8%), TCB (+1.0%) and LPB (+6.2%).


-  MSN (+4.9%) increased for the second day in a row, finishing the week up 12.6% and the month up 21.3%.


-  HVN (+7.0%) rocketed to the daily trading ceiling for the second consecutive session. Conversely, fellow airline VJC (-1.2%) declined.


-  GVR (+1.7%) gained 8.7% for the week.



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-   GAS: Gas demand to recover beginning in 2022 – Update

-   ACV: Losses from core businesses in Q2 due to COVID-19 - Earnings Flash

-   BVH: BVH manages combined ratio; life delivers top-line growth - Earnings Flash

-   CII: Weak H1 2021 results despite improved core businesses - Earnings Flash

-   CTD: Slow construction activities, high materials prices hit Q2 - Earnings Flash

-   CTG: CTG makes preemptive move on provisions in Q2 2021 - Earnings Flash

-   DIG: Handovers at Nam Vinh Yen project boost Q2 2021 results - Earnings Flash

-   DHC: Earnings surge on the back of strong volume and ASP - Earnings Flash

-   DXS: Northern market leads growth in H1 2021 - Earnings Flash

-   HDB: NIM weakness continues; NOII supports NPAT growth - Earnings Flash

-   KDH: Lovera Vista handovers start to recognize earnings in Q2 - Earnings Flash

-   MSN: Consumer businesses remain on strong footing - Earnings Flash

-   POW: Solid H1 2021 earnings despite heavy rainfall - Earnings Flash

-   PTB: Wood exports spearhead strong earnings growth - Earnings Flash

-   PVD: Weak jack-up day rates, bad debt provision dampen Q2 - Earnings Flash

-   PVT: Resilient Q2 results thanks to reduced operating costs - Earnings Flash

-   REE: Power revenue surges thanks to consolidation of VSH - Earnings Flash

-   STB: Higher LDR ratio compensates for IEA yield drop; flat NIM - Earnings Flash

-   VCB: NIM, loan growth saving grace for lackluster quarter - Earnings Flash

-   VEA: Earnings jump as vehicle sales recover - Earnings Flash

-   VIB: Lower COF bolsters NIM expansion in H1 2021 - Earnings Flash

-   VIC: H1 results broadly in line as property sales remain solid – Earnings Flash

-   VNM: H1 profits in line, cushioned by exports and cost savings - Earnings Flash

-   VTP: Earnings rise on delivery volume - Earnings Flash

-   Market wrap: VN-Index increases 1.3%, finishes week up 3.2%