VCSC Daily - VN-Index starts 2022 by hitting all-time high - PMI - BSR, GDT, NT2, QNS, DBC
  • 2022-01-04T00:00:00
  • Market Commentary

* Government proposes draft resolution on fiscal & monetary measures to support socioeconomic recovery
*  December’s PMI hits seven-month high
*  BSR: Preliminary NPAT beats our forecast
*  GDT: Chairwoman registers to buy additional 0.57% stake
*  NT2 releases preliminary 2021 earnings — in line with our expectation
*  QNS: Preliminary 2021 results trail our expectations; 2022 guidance overly conservative as per historical norm
*  DBC: ASF vaccine to be commercialized in 2022 - Company Visit Note
*  Market wrap: VN-Index starts 2022 by hitting all-time high

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Market wrap: VN-Index starts 2022 by hitting all-time high

The VN-Index had a strong start to the new year, increasing 1.8% and hitting an all-time high of 1,525.58 as investors were spurred by news regarding a potential Government stimulus package to help revive Vietnam’s economy.  

*  VIC (+6.2%) and its subsidiary VHM (+3.8%) were the top two contributors to the day’s gain. 

*  In the energy sector, GAS (+5.9%) and POW (+6.9%) both jumped. 

*  DIG (+6.9%) surged to the daily trading ceiling and reached a record high. 

*  Brewer SAB (+4.0%) climbed to a one-month high. 

*  NVL (-2.2%) and VJC (-1.8%) were the day’s top two contributing laggards.

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