Vietcap Daily - Bank stocks pull VN-Index to nine-month high - DIG, PHR, PVT, HDG
  • 2023-06-28T00:00:00
  • Market Commentary

* June’s FDI disbursement and pledges hit highest levels YTD
* DIG postpones AGM due to insufficient number of shareholders to achieve quorum
* PHR’s AGM: Guidance for 40% YoY decline in parent company NPAT in 2023 — broadly in line with our expectation
* PVT announces conservative preliminary H1 2023 results

* HDG: Giant An Phong wind farm to fuel long-term growth - Update
* Market wrap: Bank stocks pull VN-Index to nine-month high

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Market wrap: Bank stocks pull VN-Index to nine-month high 

A strong performance from the banking sector helped the VN-Index to finish higher for the seventh consecutive session on Wednesday, closing up by three-tenths of a percent and reaching a nine-month high of 1,138.35.
 
* Banks BID (+2.4%), VCB (+1.1%), CTG (+2.2%), MBB (+3.0%) and STB (+1.0%) were among the day’s top contributing gainers. 

* Steelmaker HPG (+3.1%) has surged more than 25% so far in the month of June. 

* NVL (+4.0%) has increased 7.6% over the last three days. 

* VHM (-0.9%), GAS (-0.9%) and GVR (-1.5%) were the top three contributing laggards.


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