VCSC Daily - VN-Index sinks as oil & gas tickers continue slide

* BWE: 2M 2022 preliminary NPAT increases 16% YoY — slightly higher than our forecast
* DXG analyst meeting: Management shares aggressive project development pipeline; preliminary 2022 earnings guidance in line with our expectation
* QNS’s AGM documents: Conservative guidance for 19% NPAT-MI decline in 2022; to pay third cash dividend for FY2021 of VND2,000/share (yield of 4.3%) in May
* GDT: Strong recovery outlook; expansion into wooden furniture – AGM Note
* Market wrap: VN-Index sinks as oil & gas tickers continue slide

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Market wrap: VN-Index sinks as oil & gas tickers continue slide

The VN-Index tumbled 1.4% on Monday, dropping to its lowest level since January 24 and mirroring other Asia-Pacific markets as uncertainty surrounding the Russia-Ukraine war and high inflation have impacted investor sentiment.

* GAS (-6.1%) was the top contributor to the day’s loss and has slumped 13.3% over the last three trading sessions. In addition, petroleum distributor PLX (-3.6%) fell for its third straight session.

* MSN (-4.5%) is down 14.3% since March 9.

* Steelmaker HPG (-3.8%) is on a three-session losing streak.

* Fertilizer producers DPM (-6.9%) and DCM (-7.0%) both plunged to the daily trading floor.

* On the positive side, airlines VJC (+4.7%) and HVN (+1.4%) climbed. Furthermore, banks SHB (+3.8%), EIB (+3.4%), TPB (+1.4%) and STB (+1.4%) were among the day’s top contributing gainers.