VCSC Daily - VN-Index slides as Vingroup stocks drop - VIB, BSR, BWE, CII, HDB, PTB
  • 2022-10-26T00:00:00
  • Market Commentary

* VIB analyst meeting: 9M 2022 results in line with our forecast

* BSR: Q3 profit down from high base in Q2, as expected – Earnings Flash

* BWE: Resilient Q3 results thanks to manufacturing recovery – Earnings Flash

* CII: Marginal profits in Q3 amid high interest expense burden – Earnings Flash

* HDB: NIM improvement continues; robust NOII performance – Earnings Flash

* PTB: Weak demand, customer destocking reflect in earnings – Earnings Flash

* Market wrap: VN-Index slides as Vingroup stocks drop

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Market wrap: VN-Index slides as Vingroup stocks drop

On Wednesday, the VN-Index fell four-tenths of a percent with trading turnover on HOSE tumbling 36% from the previous session to USD324.1mn. 

* Vingroup tickers VIC (-2.3%), VHM (-2.5%) and VRE (-3.5%) were the top three contributors to the day’s loss. 

* HPG (-1.2%) returned to its downtrend after it ended a seven-session losing streak on Tuesday. 

* Real estate & construction tickers KBC (-7.0%), DIG (-6.8%), DXG (-6.9%), DXS (-6.9%) and HDG (-6.9%) all plummeted to the daily trading floor. 

* MSN (+4.0%) has jumped 7.1% over the last two days. 

* Banks BID (+1.3%), EIB (+2.3%), ACB (+1.2%) and LPB (+3.5%) advanced.

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