VCSC Daily - VN-Index rallies 1.1% to nearly two-week high - PLX, VTP, DRC, SZC
  • 2022-10-18T00:00:00
  • Market Commentary

* PLX: Weak preliminary 9M 2022 results
* VTP: FY2021 cash dividend of VND1,500, 9.3% stock dividend to be paid in November
* Macro Flash Note: SBV supports system liquidity
DRC: Strong recovery from low base in Q3 2021 - Earnings Flash
* SZC: Weak Q3 results; no residential revenue recognition - Earnings Flash
* Market wrap: VN-Index rallies 1.1% to nearly two-week high 

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Market wrap: VN-Index rallies 1.1% to nearly two-week high 

The VN-Index closed up by 1.1% on Tuesday to close at a nearly two-week high of 1,063.66 following an overnight rally on Wall Street. 

* Vingroup tickers VIC (+4.3%), VHM (+2.0%) and VRE (+3.6%) rebounded after dropping over the two previous trading days. 

* Food & beverage players VNM (+3.2%), MSN (+3.8%) and SAB (+2.5%) experienced strong gains. 

* Banks VCB (+2.1%), CTG (+2.0%) and ACB (+2.1%) were among the day’s top contributing gainers. Conversely, STB (-2.4%) and SHB (-2.2%) dropped. 

* Steelmaker HPG (-2.1%) fell for the third straight session.


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