Vietcap Daily - VN-Index jumps 1% to close at seven-week high - DXS, GVR, PVS
  • 2023-05-29T00:00:00
  • Market Commentary

* Retail sales growth reaches highest level since 2015; external trade remains weak
* DXS: DXS to hold extraordinary general meeting in July
* GVR: GVR’s AGM documents guide for NPAT to decline 10% YoY in 2023 — broadly in line with our expectation
* PVS: Building M&C supply chain in global offshore wind – AGM Note
* Market wrap: VN-Index jumps 1% to close at seven-week high

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Market wrap: VN-Index jumps 1% to close at seven-week high 

After trading sideways last week, the VN-Index kicked off the new week on a positive note as it advanced 1.0% and hit a seven-week high of 1,074.98. In addition, trading turnover on HOSE jumped nearly 27% from last Friday’s session to USD587.4mn. 

• Securities brokerages surged, led by VND (+6.9%), SSI (+3.8%), HCM (+3.0%) and VCI (+2.9%). 

• Banks VCB (+1.2%), BID (+1.1%), MBB (+1.6%) and VPB (+1.0%) were among the top contributors to the day’s gain. 

• GVR (+5.8%) has soared 13% over the last three trading days. 

• VIC (+1.3%) and its subsidiary VHM (+0.9%) finished higher.  

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