Vietcap Daily - VN-Index jumps 1.3%, closes above 1,050 - BSR, HPG, PPC, CTR, POW
  • 2023-05-08T00:00:00
  • Market Commentary

* BSR: BSR receives Government’s approval to adjust capex for upgrade & expansion plan to USD1.26bn
* HPG: Weak sales volume in April 2023
* PPC: PPC’s 2023 AGM documents guide for 52% YoY decline in PBT
* Water Sector: Targeting further M&A transactions in H2 2023
* CTR: Outlook remains bright despite economic turbulence - Update
* POW: Vung Ang's generator 1 to come online in August 2023 – Update
* Market wrap: VN-Index jumps 1.3%, closes above 1,050

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Market wrap: VN-Index jumps 1.3%, closes above 1,050 

The VN-Index jumped 1.3% on Monday — its biggest single-day gain since April 3 — as select banking tickers experienced strong gains. 

* Banks VCB (+3.6%) and BID (+2.9%) were the top two contributors to the day’s gain. TCB (+2.4%) and STB (+2.8%) also increased. 

* PGV (+6.9%) has surged nearly 16% over the last three trading sessions. 

* GVR (+4.5%) has finished higher in five out of the last six sessions.  

* Real estate developer NVL (-4.4%) was the day’s top contributing laggard. 

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