VCSC Daily - VN-Index rebounds 2.3% - HPG, IDC, ACG, BWE, NKG, TCB, BMP, DCM, GEG, HDB, HT1, TLG, VNM
  • 2022-04-26T00:00:00
  • Market Commentary

* HPG: Upbeat Q1 2022 preliminary earnings — in line with our expectation
*  IDC to pay remaining FY2021 cash dividend of VND600/share
*  ACG: GPM beats expectation; new stake in property developer - Earnings Flash
*  BWE: Strong core NPAT in line with expectation - Earnings Flash
*  NKG: Strong Q1 2022 earnings amid reverted provision - Earnings Flash
*  TCB: NIM, lower provisions make up for drag on bond portfolio - Earnings Flash
*  BMP: Strong 2022 guidance against 2021's low base - AGM Note
*  DCM: Strong urea selling prices drive robust Q1 2022 results - AGM Note
*  GEG: Raising capital for Tan Phu Dong 1 wind farm - AGM Note
*   HDB: Positive preliminary Q1 results thanks to robust NOII - AGM Note
*  HT1: Modest 2022 earnings growth guidance amid high coal prices - AGM Note
*  TLG: Conservative 2022 guidance amid elevated expenses - AGM Note
*  VNM: Single-digit growth guidance for 2022 - 2026 - AGM Note
*  Market wrap: VN-Index rebounds 2.3%

----------------------------------------

Market wrap: VN-Index rebounds 2.3% 

The VN-Index surged in the final hour of trading on Tuesday to close up by 2.3% as investors were able to snatch up cheap shares of blue-chip stocks following Monday’s plunge. Notably, 27 of the VN30 Index’s components increased.

*  Banks experienced a strong rebound, led by VPB (+6.3%), BID (+2.9%) and MBB (+4.4%). However, VCB (-1.6%) fell for the second day in a row and was the day’s top contributing laggard. 

*  All three Vingroup tickers jumped: VHM (+3.2%), VIC (+2.4%) and VRE (+6.9%). 

*  GAS (+4.3%) bounced back after dropping to the trading floor on Monday.

*  Food & beverage tickers SAB (+6.7%) and VNM (+3.3%) increased. 

*  Airline VJC (-1.5%) slumped to a nearly three-month low.

Powered by Froala Editor