VCSC Daily - VN-Index rallies in afternoon trading - ACV, AST, CTD, DHC, DXS, FRT, GDT, IDC, KBC, LHG, MBB, MSN, PC1, PLX, POW, PVD, QNS, REE, SAB, STB, TCB, VCB, VIC, VNM, VTP
  • 2023-02-01T00:00:00
  • Market Commentary

* ACV: Strong recovery in line with our expectation - Earnings Flash
* AST: Q4 2022 revenue, margins leap amid industry recovery - Earnings Flash
* CTD: Gross margin improves, but provision weighs on earnings - Earnings Flash
* DHC: QoQ recovery in Q4 2022 thanks to FX gains - Earnings Flash
* DXS: Weak Q4 2022 results due to low property transactions - Earnings Flash
* FRT: Pharmacy profitability beats our expectations - Earnings Flash
* GDT: Earnings beat as sales bounce back during high season - Earnings Flash
* IDC: 2022 profits jump 5x YoY — in line with our expectation - Earnings Flash
* KBC: Abnormally high sales deduction results in loss in Q4 - Earnings Flash
* LHG: Profits trail our forecast on slow IP land sales recognition - Earnings Flash
* MBB: Profit in line; well-controlled credit quality - Earnings Flash
* MSN: Core earnings in line with forecasts; WCM profit improves - Earnings Flash
* PC1: Strong Q4 results due to solid power construction margin - Earnings Flash
* PLX: Solid Q4 2022 results support 2022 earnings - Earnings Flash
* POW: NPAT beats forecast without insurance compensation - Earnings Flash
* PVD: Drilling’s gross margin improvement supports Q4 profit - Earnings Flash
* QNS: Single-digit earnings growth beats our expectation - Earnings Flash
* REE: Stellar performance driven by power segment - Earnings Flash
* SAB: Lower earnings from higher selling expenses - Earnings Flash
* STB: Robust NIM paves way for strong VAMC provisioning - Earnings Flash
* TCB: CASA drop produces downward pressure on NIM - Earnings Flash
* VCB: Lower provision expenses propel earnings growth - Earnings Flash
* VIC: Recovery of core businesses supports 2022 positive profit - Earnings Flash
* VNM: Q4 2022 gross margin trailed our expectations - Earnings Flash
* VTP: Earnings behind our forecast due to rising expenses - Earnings Flash  
* Market wrap: VN-Index rallies in afternoon trading 


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Market wrap: VN-Index rallies in afternoon trading

On Tuesday, the VN-Index looked to be heading toward its second straight negative session; however, a strong rally in the afternoon caused the index to ultimately close up by eight-tenths of a percent. For the month, the VN-Index jumped 10.3%.

* Banks had a significant positive impact on the market as VCB (+2.2%), CTG (+2.5%), BID (+1.3%), TCB (+2.4%), STB (+4.8%), ACB (+2.6%), TPB (+4.6%) and MBB (+1.6%) were all among the day’s top contributing gainers.

* HPG (+1.6%) increased for its third consecutive trading day. 

* VNM (-2.9%) was the day’s top contributing laggard as it fell for its third straight session.

* VIC (-1.0%) and its subsidiary VHM (-1.2%) both dropped for the second day in a row.

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