- 2023-03-13T00:00:00
- Market Commentary
* BSR announces conservative preliminary 2023 guidance — in line with our expectation
* Market wrap: VPB soars, but VN-Index closes nearly unchanged
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Market wrap: VPB soars, but VN-Index closes nearly unchanged
The VN-Index finished nearly unchanged on Monday, closing down by a mere two-hundredths of a percent while trading turnover on HOSE jumped by more than 28% from the previous session to USD475.4mn.
* Most banks were down, led by BID (-1.9%), STB (-3.8%), TCB (-1.5%), ACB (-1.6%), MBB (-1.4%) and EIB (-1.9%). However, VPB (+6.0%) surged following news that it is expected to reach an agreement to sell a 15% stake to Japan’s Sumitomo Mitsui Financial Group, according to local media.
* Vingroup subsidiaries VHM (+4.4%) and VRE (+3.9%) were among the day’s top contributing gainers.
* Airline HVN (-6.8%) retreated following its 12% gain over the previous two trading days.
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