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VCSC Daily - VN-Index inches up from Wednesday’s plunge - PVS, PLC, MSN, VJC

Market Commentary

02 Feb 2023


 
• Fed raises policy rate by another 25 bps 

• PVS: Offshore wind power projects to transform PVS’s new era - Update

• PLC: Brighter outlook from public investment disbursement - Company Visit Note

• MSN: Consumer-retail expansion plan remains ambitious - Analyst Meeting Note

• VJC: Big Q4 loss drags 2022 bottom line into negative territory - Earnings Flash

• Market wrap: VN-Index inches up from Wednesday’s plunge

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Market wrap: VN-Index inches up from Wednesday’s plunge 

Following its 3.2% plunge on the previous trading day, the VN-Index edged up by a tenth of a percent on Thursday as investors exhibited caution. 

* VCB (+1.7%) was the top contributor to the day’s gain. Conversely, fellow bank HDB (-3.4%) snapped a nine-session winning streak and was the leading contributing laggard. 

* Retailer MWG (+5.9%) has jumped 8.7% so far this week. 

* VIC (+1.1%) and its subsidiary VRE (+3.0%) both ended three-day losing streaks. 

* Airlines VJC (-1.7%) and HVN (-2.6%) dropped. 

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