- 2022-02-25T00:00:00
- Market Commentary
• Fertilizer Producers Sector: Soaring gas, oil & coal prices to support high urea prices
• AST: Positive NPAT on horizon with accelerated reopening - Update
• DGC: ASP trends, cost savings reinforce our bullish view – Update
• DXS: Expect 2022 profit to skyrocket from low base – Update
• HPG: High steel prices to support profits despite lower margins – Update
• TPB: Significant cut in projected Cir.14 provisioning for 2022F - Update
• Market wrap: Stocks rebound following overnight comeback on Wall Street
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Market wrap: Stocks rebound following overnight comeback on Wall Street
On Friday, the VN-Index climbed back from its decline in the previous session, gaining three tenths of a percent following an overnight comeback on Wall Street as US investors appeared to shrug off the Russia-Ukraine conflict. For the week, the VN-Index fell by four tenths of a percent, ending a two-week winning streak.
- Several banks climbed, including VPB (+3.5%), EIB (+3.9%), TPB (+1.7%), HDB (+1.6%) and VIB (+1.2%).
- DXS (+6.9%) soared to the trading ceiling and finished the week up 15.3%
- VIC (-1.2%) was the top contributing decliner for the second day in a row.
- Oil & gas tickers GAS (-1.5%), PLX (-1.6%) and PVD (-3.9%) retreated following their gains on Thursday.
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