- 2023-08-31T00:00:00
- Market Commentary
* BID: Capital raising to unwind future growth - Update
* CTG: Earnings growth to accelerate over next three years - Update
* FRT: Pharmacy beats expectations; ICT to regain traction in 2025 - Update
* HDB: Attractive valuation despite lower earnings forecasts - Update
* SZC: Substantial land bank underpins medium-term outlook - Update
* Market wrap: VN-Index increases for fourth straight session, gains 3.4% for week
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Market wrap: VN-Index increases for fourth straight session, gains 3.4% for week
The VN-Index advanced by nine-tenths of a percent on Thursday, marking its fourth straight positive session as trading turnover on HOSE hit USD886mn. The VN-Index jumped 3.4% over the holiday-shortened week; however, it wrapped up the month of August with a gain of less than a tenth of a percent.
* GVR (+5.6%) increased by more than 11% for the week and was the top contributor to the day’s gain.
* Banks BID (+1.6%), TCB (+1.5%) and HDB (+3.1%) finished higher.
* Port operator GMD (+6.8%) surged to the daily trading ceiling.
* GAS (-0.7%) and SAB (-1.1%) were the day’s top two contributing laggards.
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