- 2021-11-13T00:00:00
- Market Commentary
* CTR: Profit growth remains robust despite expected softening in System Integration segment
* FPT’s 10M 2021 results: Earnings growth and new IT contract signings remain robust
* BSR: Looking forward to volume and spread recovery in 2022 – Update
* DXS: Recovery in key markets to fuel strong growth in 2022 – Update
* HPG: DQSC 2 capex to kick in, gross margin to soften in 2022 – Update
* PTB: Solid core earnings growth, but valuation looks full – Update
* VNM: Earnings to strengthen in 2022; attractive valuations – Update
* MWG: Upbeat TGDD/DMX recovery; cautious BHX sales outlook - Analyst Meeting Note
* Market wrap: VN-Index jumps to new all-time high
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Market wrap: VN-Index jumps to new all-time high
The VN-Index surged in afternoon trading on Friday to close up by seven tenths of a percent and hit a new all-time high of 1,473.37 after the Government announced that it is considering a significant economic stimulus program to help the country recover from the negative impact of COVID-19. Furthermore, the VN-Index climbed 1.2% for the week, marking its third straight weekly gain.
· CTG (+2.3%) was the top contributor to the day’s gain. Fellow banks TCB (+1.9%), EIB (+6.8%) and MBB (+1.6%) also advanced.
· Large-cap tickers MSN (+1.8%) and HPG (+1.1%) increased.
· DIG (+6.9%) and GEX (+5.7%) skyrocketed 27.5% and 25.8% for the week, respectively.
· On the negative side, GVR (-1.2%) was the day’s top contributing laggard as it ended a two-day winning streak.
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