Vietnam Today - VN-Index rises despite 90 tickers plunging to daily trading floor - Petroleum price - DHC, VPB, BMP, SBT
  • 2022-11-11T00:00:00
  • Market Commentary

* Vietnam’s Prime Minister orders faster public investment disbursement

* Domestic petroleum prices increase due to higher regulated transportation costs and global prices

* DHC CEO’s son registers to buy 2.86% of DHC’s outstanding shares

* VPB receives USD500mn offshore syndicated facility

* BMP: Flat 2023F earnings on stable sales, margin normalization – Update

* SBT: Positive sugar market outlook to support earnings – Company Visit Note

* Market wrap: VN-Index rises despite 90 tickers plunging to daily trading floor

----------------------------------------

Market wrap: VN-Index rises despite 90 tickers plunging to daily trading floor

The VN-Index rose eight-tenths of a percent on Friday on bottom-fishing demand following the 3.9% plunge in the previous session. Nevertheless, 90 tickers fell to the daily trading floor. For the week, the VN-Index dropped 4.3%. 

* VCB (+3.7%) was the top contributor to the day’s gain. Fellow banks BID (+3.7%), CTG (+3.7%), ACB (+4.0%) and SSB (+3.3%) also advanced. Meanwhile, EIB (-6.9%) plummeted to the daily trading floor. 

* MSN (+6.8%) rebounded after falling 6.9% on Thursday. 

* VIC (+2.4%) and its subsidiary VRE (+2.0%) both increased. 

* NVL (-6.9%) nosedived more than 30% for the week. 

* GVR (-6.8%), DGC (-7.0%) and PDR (-6.9%) all dropped to the trading floor.

Powered by Froala Editor