Vietcap Daily - VN-Index trades sideways, VIC falls for fifth straight session - IDC, LPB
  • 2023-09-19T00:00:00
  • Market Commentary

* Water Sector: BWE and TDM’s preliminary 8M 2023 results broadly in line with our forecasts

* IDC announces September 28 as ex-rights date for FY2023 interim cash dividend of VND2,000/share (4.2% yield)

* LPB: Cutting earnings forecasts on lower NIM & NFI projections - Update

* Market wrap: VN-Index trades sideways, VIC falls for fifth straight session

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Market wrap: VN-Index trades sideways, VIC falls for fifth straight session

The VN-Index traded sideways on Tuesday, inching down by less than a tenth of a percent as 244 stocks closed down and 255 stocks finished higher. 

* VIC (-2.4%) declined for its fifth straight session and was the top contributor to the day’s small loss. 

* Banks VCB (-0.8%), BID (-1.2%), VPB (-1.1%) and EIB (-3.2%) continued to decline. 

* Steel stocks HPG (+2.0%), HSG (+2.0%) and NKG (+5.3%) climbed. 

* Chemical manufacturer DGC (+4.0%) surged to a 52-week high. 

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