Vietcap Daily - VN-Index surges 1.2% - VHC, BSR, PVD, VHM, VTP, ACB, BMP, HSG, VPB
  • 2025-04-23T00:00:00
  • Market Commentary

* VHC’s AGM documents: Management revises guidance, expects 18% YoY earnings decline in 2025
* BSR: Cautious short-term outlook; share capital increase, search for Middle East partner in focus - AGM Note
* PVD: Plans to acquire additional jack-up rig signals confidence in Vietnam, Southeast Asia's drilling outlooks - AGM Note
* VHM: Solid YoY growth in 2025G NPAT, contracted sales value guidance - AGM Note  
* VTP: Guiding for 6% YoY NPAT growth in 2025 - AGM Note
* ACB: Earnings behind expectations due to NIM compression - Earnings Flash
* BMP: Earnings beat forecast driven by discount-driven revenue growth, favorable input prices, better SG&A efficiency - Earnings Flash
* HSG: Q2 FY2025 earnings came in twice as high as preliminary result, but caution warranted due to high one-off gains - Earnings Flash
* VPB: Resilient results with ample funding base - Earnings Flash
* Market wrap: VN-Index surges 1.2%


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Market wrap: VN-Index surges 1.2% 

The VN-Index surged 1.2% (+13.9 pts) on Wednesday to close the trading day at 1,211.0. The index’s rise comes after two days of losses. Across the index, there were 416 gainers, 120 laggards, and 56 unchanged stocks. Total trading volume sharply declined from the previous trading day to USD727.3mn.

* Banks performed well as TCB (+3.8%), MBB (+1.3%), and ACB (+2.1%) sharply rose, and BID (+0.7%), CTG (+0.5%), and VPB (+0.6%) gained. VCB (-0.9%) fell and STB (-1.1%) and SSB (-3.7%) plunged.  

* Real estate stocks also did well, with VHM (+1.7%), BCM (+5.8%), VRE (+6.6%), KDH (+2.5%), and DXG (+5.4%) jumping.  

* Several basic materials tickers surged, including HPG (+2.0%), GVR (+3.8%), DGC (+3.9%), DPM (+1.3%), and HSG (+6.8%).  

* Other notable gainers included beer producer SAB (+4.3%), retailers MWG (+2.6%), FRT (+5.1%), and PNJ (+2.5%), and oil & gas company BSR (+2.7%) and airline VJC (+2.6%).

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