- 2023-03-29T00:00:00
- Market Commentary
* Global slowdown drags Vietnam’s Q1 2023 GDP growth
* BMI’s AGM documents: Conservative guidance; plans for network expansion
* CTR’s 2023 AGM documents guide for 10% YoY NPAT growth
* DGW’s 2023 AGM documents guide for NPAT to plunge
* VPB: AGM documents continue to set ambitious plans; paying cash dividend of VND1,000/share
* Fertilizer Producers Sector Update: Lowering earnings forecasts but yields remain attractive
* MWG: Weak consumption poses challenges for earnings in 2023 – Update
* DGC: Phosphorus normalizes; first steps of future projects – AGM Note
* Market wrap: VN-Index rallies at end of trading for its seventh straight positive session
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Market wrap: VN-Index rallies at end of trading for its seventh straight positive session
On Wednesday, the VN-Index seemed to be heading toward its first negative session since March 20, but a rally at the end of trading caused the index to ultimately close up by two-tenths of a percent. Nevertheless, there were 216 stocks that declined compared to 147 gainers.
* MSN (+1.5%) increased for the second day in a row.
* Banks TCB (+1.6%), MBB (+1.7%) and OCB (+2.8%) climbed.
* Securities brokerages performed well as VCI (+3.5%), SSI (+1.2%) and HCM (+1.8%) advanced.
* GAS (-0.9%) was the day’s top contributing decliner and has dropped in 10 out of the last 12 trading sessions.
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