- 2023-11-28T00:00:00
- Market Commentary
* DCM’s Analyst Meeting: 2023 preliminary PBT broadly in line with our forecast, conservative guidance for 2024, good M&A deal
* NLG: 11M 2023 presales beat our full-year forecast due to higher-than-expected presales at Southgate; delaying Paragon stake sales recognition – in line with our expectation
* PPC/QTP: QTP announces advance payment of 2023 cash dividend
* Vietnam Macro Flash Note: Vietnam - Japan upgrade their 50-year ties to highest level
* Pangasius Sector Update: Demand for pangasius to strengthen in 2024
* BMP: Attractive dividend yield, earnings to normalize in 2024 - Update
* Market wrap: VN-Index inches up 0.7% on gains across sectors
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Market wrap: VN-Index inches up 0.7% on gains across sectors
On Tuesday, the VN-Index inched up by 7.4 points (+0.7%) to close at 1,095.4. Key large-cap stocks increased in each sector to boost the session into positive territory. Overall, 290 stocks gained, 210 declined, and 100 were unchanged. Total trading volume increased to USD581.6mn.
* In banking, VCB (0.0%) was unchanged while BID (+1.8%), VPB (+0.8%), TCB (+2.2%), and MBB (+1.4%) gained. CTG (-0.3%) had the most notable decline in the sector and negatively impacted the market.
* In real estate, VIC (+1.3%) and VHM (+2.4%) have increased for three consecutive sessions.
* Large food & beverage firms VNM (+0.6%), MSN (+0.7%), and SAB (+0.9%) edged up.
* GAS (+0.3%), steel maker HPG (+1.5%), and technology company FPT (+0.4%) gained after their marginal losses yesterday.
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