- 2023-05-15T00:00:00
- Market Commentary
* VEA: Motorbike sales rebound, but auto sales continue to struggle in April — BUY
* Fixed Income April 2023: SBV continues to rebuild foreign reserves
* GAS: GAS to receive first LNG cargo in June – Update
* HPG: Slow demand recovery limits earnings growth; full valuation – Update
* KDH: Solid presales outlook due to new project launches – Update
* VJC: Recovery of Chinese arrivals to lift international segment – Update
* Market wrap: VIC surges, but VN-Index edges down
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Market wrap: VIC surges, but VN-Index edges down
On Monday, the VN-Index looked like it was on its way to finishing higher, but a plunge in the final 90 minutes of trading caused the index to close down by a tenth of a percent.
* VIC (+5.2%) has jumped 7.7% over the last two trading sessions and was the day’s top contributing gainer. Vingroup subsidiaries VHM (+1.0%) and VRE (+0.9%) also increased.
* Banks TCB (+2.0%), MBB (+1.1%), VIB (+1.7%), OCB (+3.0%) and TPB (+1.5%) climbed. Conversely, VCB (-1.2%) was the leading contributor to the day’s loss.
* Other notable laggards included GVR (-3.9%) and HPG (-1.1%).
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