VCSC Daily - VN-Index notches best day in more than two years - LPB
  • 2022-05-17T00:00:00
  • Market Commentary

* Power sector: High CGM price despite low electricity consumption in April
*  Water Sector Update: Investments in Can Tho water companies add value
*  LPB: Restructured loans gap down in Q1 2022 - Update
*  Market wrap: VN-Index notches best day in more than two years

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Market wrap: VN-Index notches best day in more than two years 

After dropping nearly 10% over the previous three trading days, the VN-Index rebounded 4.8% on Tuesday — its biggest daily gain since April 6, 2020 — as investors were able to pick up shares at cheap prices. 

*  Banks had a strong bounce back following their recent slump, led by BID (+7.0%), VPB (+6.9%), VCB (+2.4%), CTG (+6.9%), TCB (+6.9%) and MBB (+6.9%). 

*  GAS (+6.2%) increased, ending a three-session losing streak during which its share price tumbled 12.8%. 

*  MSN (+7.0%) reversed course and soared to the daily trading ceiling after hitting the trading floor in the previous three sessions. 

*  Steelmaker HPG (+5.2%) has advanced 6.4% over the last two days.

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