VCSC Daily - VN-Index rises to 11-week high - DGC, DHC, LPB, PPC, TPB, VCB
  • 2022-08-24T00:00:00
  • Market Commentary

* Fertilizer Producers Sector Update: Continuing high gas and coal prices buoy urea prices

* DGC: Softer landing in 2023F as GPM beats expectations – Update

* DHC: Weak near-term demand; GL3 to break ground by 2023 – Update

* LPB: Maintaining expectation for upfront banca fees in 2022/23 – Update

* PPC: Continuing headwinds due to shutdown of S6 generator – Update

* TPB: Customer acquisition, retail lending support NIM – Update

* VCB: Cutting 2022F NPAT on higher provisioning forecast – Update

* Market wrap: VN-Index rises to 11-week high

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Market wrap: VN-Index rises to 11-week high

On Wednesday, the VN-Index finished higher for the second day in a row as it gained a half of a percent to hit an 11-week high of 1,277.16. 

* VCB (+2.2%) was the day’s top contributing gainer. 

* Dairy manufacturer VNM (+2.2%) has jumped 5% so far this week. 

* DGC (+3.6%) snapped a three-session losing streak. 

* Fertilizer producers DCM (+5.4%) and DPM (+3.3%) climbed. 

* On the negative side, SAB (-1.6%) fell for the third consecutive day. 

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