VCSC Daily - VN-Index rebounds 1.5% after Wednesday’s plunge - BWE, DGW, NLG
  • 2022-07-07T00:00:00
  • Market Commentary

* BWE: 6M 2022 NPAT slightly lower than expected

* DGW: Preliminary H1 2022 results — Mobile business drives revenue growth; low demand amid high inventory across laptop retailers weighs on laptop sales

* NLG: Strong presales in H1 2022 — broadly in line with our expectation

* Macro Update - Resilience in the face of global storms

* Market wrap: VN-Index rebounds 1.5% after Wednesday’s plunge

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Market wrap: VN-Index rebounds 1.5% after Wednesday’s plunge

The VN-Index rebounded 1.5% on Thursday as 24 of the VN30 Index’s 30 components finished in the green. However, trading turnover on HOSE was low at just USD387.9mn. 

* VCB (+3.7%) was the top contributor to the day’s gain. Fellow banks BID (+2.0%) and CTG (+1.7%) also rose. 

* VIC (+3.4%) and its subsidiaries VHM (+3.2%) and VRE (+3.8%) bounced back after tumbling on Wednesday. 

* Food & beverage players VNM (+3.2%), MSN (+3.0%) and SAB (+2.4%) posted strong gains. 

* Chemical manufacturer DGC (+7.0%) surged to the daily trading ceiling after plunging 25% over the previous eight trading days. 

* GAS (-1.8%) continued its slump and is down 19.6% since June 30

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