- 2022-10-21T00:00:00
- Market Commentary
* ACB: High reversal of provision supports NPAT growth – Earnings Flash
* BMI: Robust top-line performance drives earnings growth – Earnings Flash
* LPB: NIM improves; provisioning buffer strengthens - Earnings Flash
* SAB: Solid performance despite input price volatility – Earnings Flash
* TPB: Low LDR, rising interest rates put pressure on NIM - Earnings Flash
* Market wrap: VN-Index plummets 3.6%
----------------------------------------
Market wrap: VN-Index plummets 3.6%
The VN-Index plummeted 3.6% on Friday on a broad selloff across all sectors. For the week, the VN-Index dropped 4%.
* VHM (-4.1%) was the top contributor to the day’s loss. Parent company VIC (-3.1%) also fell, which snapped a three-day winning streak.
* Both MSN (-6.7%) and MWG (-6.8%) plunged to 52-week lows.
* Banks suffered heavy losses, including CTG (-6.9%), VCB (-1.7%), TCB (-6.9%) and MBB (-6.1%).
* HPG (-6.6%) tumbled 13.1% over the week.
* Brewer SAB (+0.9%) was the only ticker in the VN30 Index that increased.
Powered by Froala Editor