- 2023-05-22T00:00:00
- Market Commentary
* GMD: AGM documents guide for 13% decline in 2023 profit before tax (PBT)
* MWG’s preliminary 4M 2023 results: Mobile phones & consumer electronics gained MoM momentum; BHX’s monthly sales/store was sustained at VND1.3bn
* PNJ’s 4M 2023 results: Retail sales has shown sign of weak middle-affluent spending; NPAT declined 23% YoY in April
* PVS Analyst Meeting: Positive developments in mechanical & construction segment for oil & gas and offshore wind projects
* VIC: Steadfast focus on comprehensive expansion of EV business - Update
* Market wrap: VN-Index rises, led by bank and construction stocks
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Market wrap: VN-Index rises, led by bank and construction stocks
The VN-Index closed up by three-tenths of a percent on Monday as strong performances from banking and construction tickers lifted the market.
* Banking stocks were strong, led by TCB (+2.9%), VPB (+2.1%), MBB (+1.1%), EIB (+2.9%), SHB (+1.7%) and STB (+1.1%). Conversely, VCB (-1.2%) was the day’s top contributing laggard.
* In the construction sector, CII (+7.0%), LCG (+6.6%) and HBC (+6.9%) surged to the daily trading ceiling.
* GVR (+1.5%) advanced for the second straight session.
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