VSCC Daily - Stocks rebound following overnight comeback on Wall Street - AST, DGC, DXS, HPG, TPB
  • 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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