VCSC Daily - VN-Index rebounds 1.2%, led by MSN - BMI, DRC, PVT, VRE, HPG
  • 2022-05-24T00:00:00
  • Market Commentary

* BMI: Investment income to pick up in H2 2022 – Update
*  DRC: Resilient sale volume, lower gross margin – Update
*  PVT: Fleet expansion to accelerate – Update
*  VRE: Expecting strong rebound in 2022; mall launches resume – Update
*  HPG: 2022 earnings guidance in line with our expectation - AGM Note
*  Market wrap: VN-Index rebounds 1.2%, led by MSN

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Market wrap: VN-Index rebounds 1.2%, led by MSN 

After falling into negative territory in the first 40 minutes of the afternoon trading session on Tuesday, the VN-Index recovered to close up by 1.2% as investors focused their buying efforts on blue-chip stocks. 

*  MSN (+4.3%) bounced back following its 5.3% loss over the previous two trading days. Fellow food & beverage player VNM (+3.9%) snapped a three-session losing streak. 

*  Banks rebounded from their struggle on Monday, led by VCB (+1.6%), CTG (+4.0%), VPB (+2.4%), STB (+6.9%), MBB (+2.1%) and BID (+1.2%). 

*  GAS (+2.2%) ended a two-session losing streak. 

*  Industrial real estate developer BCM (+4.1%) has climbed in five out of the last six trading sessions. 

*  On the negative side, steel tickers HPG (-5.0%), HSG (-4.5%) and NKG (-5.5%) plunged.

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