- 2023-06-23T00:00:00
- Market Commentary
* KBC’s AGM: Preliminary H1 2023 NPAT in completes 50% of 2023 guidance and 94% of our full-year forecast
* LPB appoints new CEO
* MWG’s preliminary 5M 2023 results: Mobile phones & consumer electronics revenue continued to rise MoM; BHX’s monthly sales/store improved to VND1.4bn in May
* Vietnam remains off US Treasury’s Currency Monitoring List
* VGI: Strong revenue growth, improving financial position - Company Visit
* Market wrap: VNM leads VN-Index to fourth consecutive positive session
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Market wrap: VNM leads VN-Index to fourth consecutive positive session
Despite strong profit-taking pressure on Friday morning, the VN-Index rallied in afternoon trading to close up by four-tenths of a percent, notching its fourth straight positive session. For the week, the VN-Index gained 1.3%.
* Food & beverage manufacturers performed well. VNM (+3.3%) increased for the third consecutive session and was the top contributor to the day’s gain. In addition, MSN (+1.3%) and SAB (+1.1%) increased.
* HPG (+2.2%) has climbed 8.8% over the past four days.
* Banks VPB (+3.1%), MBB (+1.5%) and SSB (+2.3%) were among the day’s top contributing gainers.
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