Vietcap Daily - VIC pulls VN-Index to small gain - HPG, PVD, ACV, KBC, PNJ
  • 2023-08-08T00:00:00
  • Market Commentary

* HPG: Upbeat July 2023 sales volume for products with high export exposure

* PVD’s Q2 2023 Analyst Meeting: Tight rig supply to continue for the next three to five years, supporting day rates

* Pangasius Sector Update: Export demand and prices to recover starting in H2 2023

* ACV: Entering high capex phase - Update

* KBC: New large-scale projects to fuel next growth phase - Update

* PNJ: Robust earnings growth to resume in 2024F - Update

* Market wrap: VIC pulls VN-Index to small gain 

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Market wrap: VIC pulls VN-Index to small gain

The VN-Index inched up by a less than a tenth of a percent on Tuesday as strong performances from VIC and its subsidiary VRE helped to lift the overall market. 

* VIC (+4.8%) extended its hot streak and is up 15.1% over the last three trading days. Moreover, VIC’s subsidiary VRE (+4.7%) finished higher for the third straight session. 

* Airlines HVN (+3.1%) and VJC (+1.1%) increased. 

* Several banks were among the day’s top contributing laggards, including VPB (-2.0%), ACB (-1.5%), SHB (-1.5%) and TPB (-1.5%). On the other hand, LPB (+3.0%) climbed for the seventh consecutive session. 

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