- 2021-07-27T00:00:00
- Market Commentary
Market wrap: VN-Index ticks up, led by MSN, bank tickers
The VN-Index was up as much as 1.2% on Tuesday morning; however, it decreased throughout the rest of the session to close up by only three tenths of a percent despite a strong recovery from the banking sector.
- MSN (+3.6%) jumped for the second day in a row and was the top contributor to the day’s gain. Meanwhile, fellow food & beverage manufacturer VNM (-1.6%) ended a three-session winning streak.
- Several banks recovered from recent declines, including TCB (+1.5%), VIB (+3.0%), CTG (+1.1%), TPB (+3.6%) and ACB (+1.4%). Conversely, VCB (-1.0%) and EIB (-4.2%) dropped.
- VRE (+3.4%) snapped a two-session losing streak, but fellow Vingroup ticker VHM (-1.6%) was the day’s top contributing laggard.
- Chemical producer DGC (-3.6%) cooled off following its nearly 24% gain over the previous eight trading sessions.
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- Vietnam Macro Flash: USTR’s determination of Section 301 investigation of Vietnam’s currency: No trade action against Vietnam
- Energy Sector Update: Limited US production supports higher oil price outlook
- HND: Earnings to bottom in Q3 2021F – Update
- NT2: Looking forward to earnings recovery in Q4 2021 – Update
- SCS: Attractive valuation even assuming no expansion to LTA – Update
- VHC: Earnings slowly recover as COVID-19 disruptions prolong - Update
- ACB: Entire restructured loan provisions booked in Q2 2021 - Earnings Flash
- BMP: High input plastic prices hit Q2 2021 earnings - Earnings Flash
- GVR: Natural rubber segment continues to drive earnings - Earnings Flash
- ACV: 2021 continues to be challenging year due to COVID-19 - AGM Note
- STK: Outlook remains robust despite supply chain disruptions - Analyst Meeting Note
- Market wrap: VN-Index ticks up, led by MSN, bank ticker