- 2023-07-11T00:00:00
- Market Commentary
* Water Sector: BWE and TDM’s preliminary H1 2023 results slightly trail our forecast; BWE aggressively doubles DNP Long An Water JSC’s capacity
* Market wrap: VN-Index surpasses 1,150 points
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Market wrap: VN-Index surpasses 1,150 points
On Tuesday, the VN-Index notched its third consecutive positive session, gaining two-tenths of a percent to close at 1,151.77. Investors continued to focus on financial and consumer sector stocks as they are anticipating improved performances in Q2 2023.
* Banks CTG (+2.0%) and MBB (+2.2%) were the top two contributors to the day’s gain.
* Consumer sector tickers MSN (+1.7%), MWG (+2.2%) and VNM (+1.0%) increased.
* GVR (+1.2%) has jumped 7% over the last four trading days.
* On the negative side, steelmaker HPG (-1.4%) snapped a streak of seven positive sessions and was the day’s top contributing laggard. In addition, PLX (-1.3%) pulled back after its 3.7% on Monday.
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