- 2023-10-13T00:00:00
- Market Commentary
* Water Sector: Preliminary 9M 2023 results of BWE & TDM slightly trail our forecasts
* PVS lands additional offshore wind farm M&C contract
* VEA: Vietnam’s passenger car (PC) sales post a recovery of 25% MoM in September – BUY
* Vietnam Macro Flash Note: Better production outlook to support labor market
* Market wrap: VN-Index sustains rally, up 0.3%
----------------------------------------
Market wrap: VN-Index sustains rally, up 0.3%
The VN-Index closed out the week on a six-day growth streak, finishing at 1,154.73 (+0.3%). Total trading value slid down by USD20mn from yesterday to finish at USD570.7mn today.
* Bank VCB rebounded from its drop on Thursday to gain 0.7%. This significant contribution to the session’s climb was supplemented by fellow banks BID (+0.8%) and VPB (+0.5%).
* VinGroup (VIC) fell 0.9% while its real estate subsidiary Vinhomes (VHM) dropped 1.4% to temper the market’s gains.
* GAS fell again for the fourth time this week by 0.2% and steel producer BPD’s share price declined for consecutive days to close at -0.2%.
Powered by Froala Editor