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VCSC Daily - VN30 dropped but VN-Midcap Index set a new high - DCM, POW

Market Commentary

16 Dec 2021


 
• DCM sets conservative 2022 guidance, within our expectation 

• POW announces official signing of revised Ca Mau PPA contract

• Market wrap: VN30 dropped but VN-Midcap Index set a new high 

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Market wrap: VN30 dropped but VN-Midcap Index set a new high

The VN30 fell by 0.61% on the expiration day of its December futures contract. The VN-Midcap Index, however, set a new all-time high at 2,128.62 (+1.4%). 

* Large-caps in the banking (including VCB, VPB, TCB), real-estate (VHM, VRE) and consumer sectors (MSN, MWG, PNJ, SAB) declined, weighing on the performance of the VN30 index. 

* Mid-caps in the real-estate and infrastructure sectors, such as BCM (+6.8%), NLG (+6.7%), DXG (+6.5%), DIG (+7%), VGC (+7%), ITA (+6.8%) and CII (+7%) soared, which contributed significantly to the VN-Midcap’s gain. 

* Health care tickers traded mixed as DHG (-4.3%), DBD (-1.3%) and DMC (-1.3%) fell but DCL (+4%) and JVC (+2.2%) increased. 

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