VCSC Daily - Dramatic reversal at end of trading nearly brings VN-Index into positive territory

* CTR: Telecom-related segments to lead growth in 2023 - Update

* DXS: Earnings downtrend to continue in 2023 - Update

* FRT: Pharmacy remains key growth driver; EPS to drop in 2023 - Update

* VJC: International segment to lead VJC’s return to profitability - Update

* VNM: Earnings growth to be driven by lower input costs - Update

* FPT: Management eyes robust growth across segments - Analyst Meeting Note

* Market wrap: Dramatic reversal at end of trading nearly brings VN-Index into positive territory

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Market wrap: Dramatic reversal at end of trading nearly brings VN-Index into positive territory

The VN-Index was down by 2.2% near the end of Thursday’s trading session, but strong bottom-fishing demand in the closing minutes of trading caused the index to only close down by less than a tenth of a percent.

* MSN (-3.7%) was the top contributor to the day’s small loss and has dropped 7.3% over the last three days.

* Vingroup subsidiaries VRE (-5.7%) and VHM (-1.4%) have slumped 7.1% and 10.5%, respectively, in the last two days.

* The banking sector contributed to the VN-Index’s late recovery, led by BID (+1.2%), ACB (+2.2%), TCB (+1.6%), VIB (+2.4%), TPB (+1.9%) and OCB (+2.7%).