Vietcap Daily - VN-Index edges up despite bank tickers falling - HDB, IDC, GAS, LSS
  • 2023-05-25T00:00:00
  • Market Commentary

* Macro Thought Piece: Fiscal spending to accelerate amid global slowdown

* HDB: Well-contained NIM, strong credit growth – Update

* IDC: Expecting solid land sales and profit – Update

* GAS: LNG imports to be ready in July to increase volume – AGM Note

* LSS: Transforming into an organic agriculture company – Company Visit Note

* Market wrap: VN-Index edges up despite bank tickers falling

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Market wrap: VN-Index edges up despite bank tickers falling

Despite most bank stocks finishing lower, the VN-Index closed up by three-tenths of a percent on Thursday, ending a run of two straight losing sessions. 

* GAS (+2.4%) bounced back after dropping 2.3% over the previous three days and was the top contributor to the day’s gain. 

* FPT (+2.3%) and VNM (+1.2%) posted their first positive sessions since April 18. 

* Other notable gainers included GVR (+4.0%), DHG (+2.9%) and BMP (+5.5%). 

* On the negative side, banks VPB (-1.0%), STB (-1.5%), CTG (-0.5%) and MBB (-0.8%) were the top four contributing laggards.

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