* PMI reading picks up thanks to improved new export orders

* REE announces dividend payment

* VCB appoints new CEO

* VIB finalizes record date for FY 2022 cash dividend payment

* BID: Highest 2022 earnings growth among our bank coverage – Earnings Flash

* BVH: Underwriting loss erodes earnings growth – Earnings Flash

* CTG: Strong NOII growth counteracts high provision expenses – Earnings Flash

* DGW: Quarterly margins improve; mobile trails expectations – Earnings Flash

* DIG: Minimal Q4 2022 profit due to sluggish project handovers – Earnings Flash

* GEG: Weak Q4 2022 NPAT, trailing our expectation – Earnings Flash

* GVR: Weak core profits partially offset by compensation income – Earnings Flash

* HDB: Strong top-line revenue counteracts surge in credit cost – Earnings Flash

* HDG: Robust energy segment offsets lower real estate profit – Earnings Flash

* HPG: Q4 2022 marks second consecutive quarterly net loss – Earnings Flash

* PTB: Weak 2022 earnings; stone to cushion wood weakness – Earnings Flash

* TLG: Net loss in Q4 2022 due to selling expenses, GPM – Earnings Flash

* Market wrap: VN-Index plunges 3.2%

----------------------------------------

Market wrap: VN-Index plunges 3.2%

A strong selloff in the final hour of trading on Wednesday caused the VN-Index to close down by 3.2% — its biggest daily loss since December 26, 2022. 

* Banks VCB (-3.0%), BID (-5.1%), VPB (-5.9%), CTG (-4.9%) and TCB (-4.1%) suffered heavy losses. Conversely, HDB (+1.9%) increased for its ninth consecutive trading day and was the day’s top contributing gainer. 

* VIC (-3.3%) and its subsidiary VHM (-5.7%) have respectively dropped 6.8% and 9.9% so far this week. 

* MSN (-5.8%) fell for the third day in a row. 

* GVR (-6.9%) plummeted to the daily trading floor. 

* HPG (-4.5%) retreated after gaining 4.5% over the previous three trading sessions.

Powered by Froala Editor