VCSC Daily - Strong day from banking sector lifts VN-Index despite first Omicron case in Vietnam - DCM, DGW, DPM, LHG, PVD, STB
  • 2021-12-28T00:00:00
  • Market Commentary


 
• DCM increases its 2021 NPAT guidance by 4.4x — within our expectation 

• DGW signs exclusive market expansion contract with US home appliance brand Whirlpool, which will strengthen its presence in the home appliance category 

• DPM sets conservative 2022 guidance — within our expectation 

• LHG: New members for BOD, BOS appointed by shareholders at EGM

• PVD delays 2019 and 2020 stock dividend payment for total 20% to H1 2022 

• STB holds signing ceremony to mark elevation of its exclusive bancassurance arrangement with Dai-ichi Life 

• Market wrap: Strong day from banking sector lifts VN-Index despite first Omicron case in Vietnam 

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Market wrap: Strong day from banking sector lifts VN-Index despite first Omicron case in Vietnam 

Despite news regarding the discovery of the first case of the Omicron variant in Vietnam, the VN-Index increased by four tenths of a percent on Tuesday, marking its third straight positive session as investors continued to focus their buying efforts on banking stocks. 

* GAS (+2.3%) was the top contributor to the day’s gain. 

* Several bank tickers were strong, including STB (+6.9%), HDB (+6.1%), EIB (+6.4%), CTG (+1.5%), TPB (+3.2%) and ACB (+1.5%). 

* In the real estate sector, GVR (-1.9%), NVL (-2.2%) and VRE (-1.6%) declined. On the other hand, DIG (+5.4%) has jumped nearly 13% over the last two days.

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