VCSC Daily - VNI gains due to a late rally - BVH, BWE, ACB, BSR, DCM, MBB
  • 2021-10-26T00:00:00
  • Market Commentary

* Domestic petroleum prices continue to climb on rising global oil prices
*  BVH to pay cash dividend for shareholders
*  BWE: Official 9M result slightly better than our forecast. BUY
*  ACB: Topline tracks ahead of forecast; provisions spike - Earnings Flash
*  BSR: Oil prices rally supports Q3 profit despite Covid-19 - Earnings Flash
*  DCM: Stellar Q3 results thanks to strong urea prices - Earnings Flash
*  MBB: Strong NOII growth counteracts NIM contraction in Q3 - Earnings Flash
*  Market wrap: VNI gains due to a late rally

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Market wrap: VNI gains due to a late rally 

A late rally in the afternoon session helped the VN-Index to recover its early loss and close with a 0.45% gain at 1,391.6. 

* Steel tickers recovered significantly from yesterday’s sell-off, led by HPG (+2.2%), NKG (+5.4%) and HSG (+1.4%). 

* Oil & Gas stocks gained, including GAS (+1.6%), PLX (+0.9%), PVD (+2.6%) and POW (+0.8%). 

* Financials traded mixed as MBB (+1.3%), VIB (+1.8%), TPB (+1.2%), SSI (+1.3%) rose while ACB (-0.5%), VCB (-0.1%), MSB (-0.9%), BVH (-0.3%) dropped. 

* Large cap consumer stocks declined, led by MWG (-0.3%), PNJ (-0.8%), VNM (-0.6%), MSN (-0.6%) and SAB (-0.8%).

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