Vietcap Daily - Trading turnover on HOSE nears USD1bn - POW, PPC, VEA, HDG
  • 2023-08-14T00:00:00
  • Market Commentary

* POW: Vung Ang’s generator 1 returns to operation; technical design of Nhon Trach 3 & 4 approved
* PPC: Pha Lai 1 remains in operation; Pha Lai 2’s S6 generator expected to come online in late August
* VEA: Vietnam’s passenger car sales edge up MoM in July on support from Government policies – BUY
* HDG: Charm Villas - Phase 3 to drive 2024F earnings – Update
* VEA: Earnings to rebound in 2024 on car and 2W demand recovery - Update
* Market wrap: Trading turnover on HOSE nears USD1bn

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Market wrap: Trading turnover on HOSE nears USD1bn

The VN-Index gained four-tenths of a percent on Monday as trading turnover on HOSE jumped to USD988.0mn as investors were buyers of securities stocks.  

* BID (+1.9%) was the day’s top contributing gainer. Meanwhile, fellow banks VCB (-1.5%) and SSB (-2.1%) declined.  

* Securities brokerages were strong as VND (+6.7%), SSI (+3.5%), VCI (+3.8%) an HCM (+3.9%) finished higher.  

* VIC (+1.0%) climbed for the third straight session.  

* MSN (-2.7%) has dropped 7.8% over the last four trading days.

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