VCSC Daily - Strong day from GAS not enough to lift VN-Index into positive territory - Aviation

• Aviation: Domestic flights to resume from October 1

• STK: Better-than-expected preliminary Q3 2021 results — OUTPERFORM

• Market wrap: Strong day from GAS not enough to lift VN-Index into positive territory

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Market wrap: Strong day from GAS not enough to lift VN-Index into positive territory

The VN-Index dropped by a half of a percent on Friday with heavy selling pressure focused on banking tickers due concerns about the sector’s performance in third quarter. For the week, the index fell 1.2%.

Banks VCB (-1.3%), VPB (-3.0%), CTG (-2.1%), BID (-1.6%), TCB (-1.2%), STB (-3.9%) and VIB (-3.0%) were among the top contributors to the day’s loss.
Vingroup subsidiaries VHM (-1.7%) and VRE (-3.1%) tumbled.
MSN (-1.8%) ended a three-day winning streak.
GAS (+6.7%) soared to a 25-month high and was the day’s leading contributor among gainers.
Fertilizer producers DCM (+6.6%) and DPM (+3.5%) finished the week up 16.5% and 10.4%, respectively.
DGC (+6.6%) jumped 11% over the last two days.