VCSC Daily - VN-Index rallies in afternoon trading, led by VHM & NVL - TLG, PVT
  • 2023-04-11T00:00:00
  • Market Commentary

* Domestic petroleum prices increase amid rising global oil prices
* TLG: Revenue growth to normalize; new marketing initiatives - Update
* PVT: Tanker rate in 2023 to be slightly lower YoY - AGM Note
* Market wrap: VN-Index rallies in afternoon trading, led by VHM & NVL

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Market wrap: VN-Index rallies in afternoon trading, led by VHM & NVL

On Tuesday, the VN-Index looked like it was headed for its fourth straight negative session after falling in morning trading; however, an afternoon rally helped the index to close up by four-tenths of a percent. 

* VHM (+3.4%) bounced back after dropping 4.6% over the previous three sessions and was the top contributor to the day’s gain. 

* NVL (+6.8%) surged to the daily trading ceiling. 

* Banks VCB (-0.9%) and BID (-0.7%) were the day’s top two contributing laggards. 

* KBC (-1.5%) pulled back after its 5.4% gain on Monday.   

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