Vietcap Daily - Stocks rally at end of trading, VN-Index finishes week up 1.5% - HDB, GMD
  • 2023-06-09T00:00:00
  • Market Commentary

* Water Sector: BWE’s preliminary 5M 2023 results are in line with our forecast, but TDM’s results slightly trail our forecast; BIWASE – Long An gets new tariff
* Moody's reaffirms HDB's B1 credit ratings, changes outlook to negative
* GMD: Cautious 2023 core profit guidance; abnormal gain from port divestment - AGM Note
* Market wrap: Stocks rally at end of trading, VN-Index finishes week up 1.5%

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Market wrap: Stocks rally at end of trading, VN-Index finishes week up 1.5%

The VN-Index appeared to be heading toward its second straight negative session, but a surge in the last 50 minutes of trading helped the index close up by six-tenths of a percent. For the week, the VN-Index increased 1.5%. 

* MSN (+2.8%) was the top contributor to the day’s gain. 

* Chemical manufacturer DGC (+6.9%) soared to the daily trading ceiling and finished the week 12.1% higher. 

* Securities brokerages were strong, led by SSI (+3.9%), VND (4.7%), VCI (+2.3%) and HCM (+1.9%). 

* Pharmaceutical company DHG (+6.9%) has jumped 12.5% over the last two days.

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