- 2021-11-02T00:00:00
- Market Commentary
* DXG Analyst Meeting: 2022 pre-sales guidance in line with our expectation
* LPB: Thaiholdings registers to offload entire LPB holding
* Vietnam Earnings Update: Raising VN-Index targets on robust 9M earnings
* DCM: Further 2022 demand recovery to support high urea price – Update
* FPT: Broad-based positive momentum continues - Analyst Meeting Note
* MSN: Largely positive trends across businesses - Analyst Meeting Note
* Market wrap: VN-Index rebounds, reaching new record high
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Market wrap: VN-Index rebounds, reaching new record high
The VN-Index returned to its recent winning ways on Tuesday, gaining nine tenths of a percent and reaching a fresh all-time high of 1,452.46 after an advisor to the Prime Minister confirmed that the Government may approve a proposal for a substantial post-COVID economic recovery and development stimulus package next month.
* The real estate sector had a significant impact on the overall market as GVR (+7.0%), DIG (+7.0%) and NLG (+6.9%) all soared to the daily trading ceiling. BCM (+3.1%) and KBC (+5.3%) were also among the day’s top contributing gainers. Conversely, NVL (-1.4%) was a notable exception to this trend as it ended a four-session winning streak and was the day’s top contributing laggard.
* Bank EIB (+6.9%) has jumped nearly 11% over the last two days.
* Securities brokerages VCI (+2.2%), SSI (+2.3%) and VND (+2.5%) continued to increase.
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