Vietcap Daily - VCB leads VN-Index close to 1,200 points - DGC, GAS, FPT, DCM, QNS
  • 2023-07-25T00:00:00
  • Market Commentary

* DGC’s Q3 2023 guidance: Demand recovers across key products; purchasing equipment for chlor-alkali project

* GAS to pay 2022 cash dividend of VND3,600/share on November 2

* FPT: Strong growth to continue with solid global IT backlog - Update

* DCM: Q2 2023 results improve QoQ — slightly ahead of our forecasts - Earnings Flash

* QNS: Elevated earnings growth backed by strong sugar business - Earnings Flash

* Market wrap: VCB leads VN-Index close to 1,200 points

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Market wrap: VCB leads VN-Index close to 1,200 points

On Tuesday, the VN-Index notched its third-straight positive session, gaining four-tenths of a percent and closing at 1,195.90 as VCB and other bank stocks helped to lift the market. 

* Several banking tickers experienced strong gains, including VCB (+3.5%), TCB (+3.2%), ACB (+1.1%), OCB (+3.5%) and TPB (+1.9%). 

* Food & beverage players SAB (+1.9%) and VNM (+1.2%) advanced. 

* VRE (+2.1%) has finished higher in three of out the last four trading sessions. Meanwhile, fellow Vingroup subsidiary VHM (-0.8%) and parent company VIC (-1.0%) were the day’s top two contributing laggards. 

* Retailer MWG (-1.6%) pulled back after jumping more than 13% over the previous four sessions.

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