Vietcap Daily - VN-Index edges down on profit booking - DCM, HHV
  • 2023-05-31T00:00:00
  • Market Commentary

*  DCM’s AGM materials increase 2022 cash dividend, propose amendments to gas purchasing agreement — Negative
*  HHV: High backlog to secure construction revenue in 2023-25 - Company Visit Note
*  Market wrap: VN-Index edges down on profit booking
 

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Market wrap: VN-Index edges down on profit booking 

The VN-Index fell three-tenths of a percent on Wednesday as investors booked profits following two straight positive sessions. For the month of May, the VN-Index increased 2.5%. 

* VHM (-1.1%) was the top contributor to the day’s decline and has dropped 3.6% over the last two days. Fellow Vingroup subsidiary VRE (-2.2%) and parent company VIC (-0.8%) also decreased. 

* In the banking sector, TPB (+3.7%) jumped while most other tickers experienced small declines or gains. 

* GVR (-1.1%) pulled back after surging 14.3% over the previous four trading sessions.


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