- 2022-03-01T00:00:00
- Market Commentary
* Domestic petroleum prices climb on rising global oil prices
* Vietnam’s PMI shows resilient recovery of manufacturing sector
* GEG: Further 130 MW of wind power to come online in 2022-23 – Update
* HSG: FY2022 earnings to fall despite strong sales, steel prices – Update
* PVT: New chemical, gas tankers to drive growth; VLCC delays – Update
* VIB: Strong income growth but pressure to lower NPL ratio – Update
* Market wrap: VN-Index rises as VIC ends slump
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Market wrap: VN-Index rises as VIC ends slump
The VN-Index climbed six tenths of a percent on Tuesday as investors picked up VIC shares following the conglomerate’s recent slump.
* VIC (+2.9%) snapped a three-session losing streak and was the top contributor to the day’s gain.
* GVR (+4.5%) posted its third straight positive session.
* DIG (+7.0%) rebounded after its 2.4% fall on Monday.
* Industrial real estate player BCM (-2.7%) dropped for its fourth consecutive session and was the top contributor among laggards.
* In the banking sector, MBB (-1.2%), VPB (-0.7%), HDB (-0.9%), LPB (-1.8%) and SHB (-0.7%) declined. Meanwhile, SSB (+4.2%), BID (+0.9%) and TPB (+1.3%) advanced.
* Petroleum distributor PLX (-1.6%) retreated for its third session in a row after hitting a 52-week high on February 24.
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