- 2023-11-03T00:00:00
- Market Commentary
* Oil & Gas sector: Yellow Camel oil field received FID, bringing potential workload for PVS & PVD
* IDC: Upbeat 9M 2023 IP land sales exceed our full-year forecast
* HPG: Valuation turns attractive against 2024-25F earnings growth - Update
* KDH: Expected strong sales at The Privia to drive 2024F earnings - Update
* PVT: Significant fleet expansion to drive 2024 earnings and beyond - Update
* REE: E-town 6 and additional power capacity to propel 2024F earnings growth - Update
* Market wrap: VN-Index inches up 0.1% to close week at 1,076.8
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Market wrap: VN-Index inches up 0.1% to close week at 1,076.8
The VN-Index closes the week on a three-day gaining streak, inching up 0.1% and closing at 1,076.8. Selling pressure was high in the middle of the session, but the market moved up in the afternoon as investors bought stocks in force. Foreign investors were net buyers on the day and total volume was USD593.9mn.
* VCB (-0.1%) weighed the most on the session while other large-cap banks BID (-0.4%), VPB (-2.5%), and CTG (-0.9%) also dropped. Conversely, TCB (+5.6%) sharply increased.
* VinGroup (VIC, +0.4%) and two of its subsidiaries, VHM (+1.4%) and VRE (+4.9%), made gains and lifted the market.
* Food & beverage firms SAB (+4.1%) and MSN (1.9%) sustained yesterday’s momentum while VNM (-1.3) fell.
* GAS (-0.1%) and HPG (-0.6%) slightly decreased.
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