- 2023-11-09T00:00:00
- Market Commentary
* Power sector: Retail electricity prices rising by another 4.5%, effective today
* FRT: Resilient pharmacy segment, modest recovery outlook for ICT - Update
* IDC: Sizeable unbilled backlog to drive profit recovery in 2024F - Update
* PC1: Earnings set to nearly double YoY in 2024 - Update
* VEA: Vehicle sales to rebound in 2024-25 - Update
* VPB: Earnings to rebound in 2024F - Update
* Market wrap: Real estate stocks salvage session, VN-Index up 0.04%
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Market wrap: Real estate stocks salvage session, VN-Index up 0.04%
On Thursday, the VN-Index gained by nearly half of a point to close at 1,113.9 (+0.04%). Numerous large-cap stocks weighed on the market while real estate stocks prevented an Index-wide decline for the day. Total trading volume shot up to USD899.6mn.
* VCB (-1.8%) was the day’s top laggard. BID (-0.1%) inched down and VPB (-6.3%) plummeted. CTG (+0.9%) was the only notable gainer in the banking sector.
* Several real estate firms made significant gains and lifted the session, including VIC (+5.6%), VHM (+4.6%), VRE (+2.5%), and BCM (+2.4%).
* GAS (0.0%) went unchanged and HPG (-0.9%) slid.
* Food & beverage companies VNM (-0.9%), MSN (-1.6%), and SAB (-1.8%) also dropped.
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