Vietnam Daily Market Recap May 04

Stocks fall as banks, real estate weigh on market The VN-Index opened lower on Thursday and decreased sharply to 1851.73 at the end of the morning session, before a slight recovery in the afternoon left the index down 1.6% at…

HDB is one of a few banks which will be able to grant a high credit quota from the SBV in FY23F. Sectoral headwinds will hinder HDB’s NP growth to 16-20% yoy over FY23-24F. However, it is still better than…

Market commentary: Bottom-fishing demand rose in the afternoon session The VN-INDEX rebounded after a strong correction in the past few weeks. On global scale, FED has officially annouced raising interest rate by 75 basic point (same level as market’s concensus)…