From January 19, 2024, the Research Center will be moved to Vietcap IQ
toggle icon
logo text
logo symbol
toggle icon

VCSC Daily - Market recovery despite weak turnover - GAS, GVR, PNJ, PPC

Market Commentary

20 Sep 2022

* GAS: Preliminary 8M 2022 results in line with our expectation  

* GVR posted its preliminary 9M 2022 results within our current expectation and reaffirmed its strategic shifts to more profitable IP segment

* PNJ’s August 2022 results: Growth across key segments continues to surge off the low base in 2021 

* PPC: Better-than-expected 8M PBT 

* Market wrap: Market recovery despite weak turnover


Market wrap: Market recovery despite weak turnover

The VN-Index bounced back on Tuesday after two days of declines with a 1.12% gain. Liquidity on the HOSE, however, fell by 33% compared to Monday to a low level at USD471mn.  

* Banking names mostly recovered after yesterday’s declines, including BID, CTG, VCB and MBB.   

* Large-caps in the consumer sector traded well with gains from SAB, VNM, MSN, MWG and PNJ. 

* Real estate names traded mixed as VIC, VHM, KBC and DXG rose but NVL, KDH, VRE and KDH dropped. 

* Power stocks underperformed the market as VSH, NT2, BTP declined while PPC was unchanged.  

Powered by Froala Editor

Contact us for a research access: (+84) 2 8888 2 6868