- 2023-06-29T00:00:00
- Market Commentary
* GDP growth remained weak, inflation eased further in Q2 2023
* Energy Sector: PVN becomes the owner of O Mon III & IV power plants
* We estimate PVD’s preliminary H1 2023 NPAT before MI will beat its full-year target by 52%
* QNS: Robust sugar prices fuel profit growth; soy milk remains weak - Update
* BVH: Plan for state ownership to decline starting from 2026 - AGM Note
* Market wrap: VN-Index drops 1.1% — its biggest loss in three months
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Market wrap: VN-Index drops 1.1% — its biggest loss in three months
The VN-Index fell 1.1% on Thursday, marking its biggest daily loss in three months and first negative session since June 19 as investors booked profits and grappled with weaker-than-expected macroeconomic data for June.
* HPG (-3.0%) retreated after its 5.6% gain over the previous two days.
* Almost all banks finished in the red, led by BID (-1.9%), VPB (-1.7%), TCB (-1.9%), MBB (-1.9%) and ACB (-1.8%).
* Several real estate tickers suffered heavy losses, including NVL (-3.8%), DIG (-5.8%), DXG (-4.2%), KBC (-2.0%) and NLG (-2.4%).
* Dairy manufacturer VNM (+1.8%) was one of the day’s rare gainers and has finished higher in six out of the last seven trading sessions.
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