VCSC Daily - VN-Index climbs for third straight day - BSR, FRT, KBC, MBB, PVT, REE, VEA
  • 2022-08-25T00:00:00
  • Market Commentary

* BSR: 7M 2022 preliminary results in line with our expectations
* FRT: Pharmacy is key growth driver - Update
* KBC: IP pipeline expansion continues; Trang Cat to be delayed - Update
* MBB: Raising NIM forecasts; valuation remains attractive - Update
* PVT: High freight rates, more tankers to drive growth - Update
* REE: Hydropower to boost earnings to 10-year high - Update
* VEA: Earnings to rebound as vehicle sales recover - Update
* Market wrap: VN-Index climbs for third straight day 

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Market wrap: VN-Index climbs for third straight day 


The VN-Index recorded its third straight daily gain, closing up nine-tenths of a percent on Thursday as investors focused their buying efforts on large-cap real estate and banking stocks. 


* VHM (+2.2%) was the day’s top contributing gainer. In addition, fellow Vingroup subsidiary VRE (+2.1%) and parent company VIC (+1.5%) advanced. 


* GVR (+5.4%) increased for the third day in a row. 


* Banks VPB (+1.7%) and CTG (+1.8%) both rose for the second straight day. 


* Fertilizer manufacturers DPM (+6.9%) and DCM (+6.9%) both soared to the daily trading ceiling.


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