VCSC Daily - VN-Index plummets to nearly nine-month low - NT2, BSR, CTD, DIG, DXS, GMD, HDG, MBB, MWG, NLG, TCB, VTP
  • 2022-04-25T00:00:00
  • Market Commentary

• CII postpones holding AGM due to insufficient number of shareholders to achieve quorum 

• NT2: Strong CGM prices to outweigh increased gas prices – Update

• BSR: Strong Q1 2022 beats our expectation for spread recovery – Earnings Flash

• CTD: Modest 2022 guidance; robust Q1 2022 newly signed value - AGM Note

• DIG: Aggressive 2022 earnings growth guidance – AGM Note

• DXS: Robust 2022 earnings growth guidance thanks to recovery - AGM Note

• GMD: Strong Q1 2022 results; rights issuance plan approved - AGM Note & Earnings Flash

• HDG: Heading for strong growth period – AGM Note

• MBB: Mandatory M&A prompts concerns among shareholders - AGM Note

• MWG: Management targets improvements for BHX in 2022 - AGM Note

• NLG: Upbeat 2022 pre-sales growth guidance - AGM Note

• TCB: AGM focuses on improved transparency of bonds – AGM Note

• VTP: E-fulfillment expansion is VTP's focus in 2022-2023 - AGM Note

• Market wrap: VN-Index plummets to nearly nine-month low

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Market wrap: VN-Index plummets to nearly nine-month low 

On Monday, the VN-Index plunged 4.9% — its biggest single-day loss in more than 15 months — to close at a nearly nine-month low of 1,310.92 as margin calls led to a broad selloff across the market. Notably, 171 stocks on HOSE dropped to the daily trading floor. 

*  GAS (-6.9%) was the top contributor to the day’s loss. 

*  Banks were down across the board, led by BID (-6.9%), VPB (-6.9%), TCB (-6.9%) and CTG (-7.0%). 

*  Large-cap tickers HPG (-7.0%), MSN (-5.9%), GVR (-6.9%), MWG (-7.0%) and VHM (-2.6%) were all among the day’s top 10 contributing decliners. 

*  On the positive side, industrial real estate developer BCM (+1.3%) increased for its second straight session and was the day’s top contributing gainer.

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