VCSC Daily - VN-Index plummets 3.6% - ACB, BMI, LPB, SAB, TPB
  • 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%

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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.

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