VCSC Daily - Trading turnover sinks, VN-Index drops 0.6%

* CTG’s CEO elected as new chairman
* PLX sold only 22% of registered treasury shares in August
* BMI: Well-controlled loss ratio to support bottom line – Update
* BVH: Lower combined ratio supports our profit forecast – Update
* Market wrap: Trading turnover sinks, VN-Index drops 0.6%
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Market wrap: Trading turnover sinks, VN-Index drops 0.6%

The VN-Index dropped six tenths of a percent on Wednesday as trading turnover on HOSE dropped nearly 27% from the previous session to USD859.9mn.

* VIC (-2.0%) and its subsidiary VHM (-1.5%) were the top two contributors to the day’s loss.

* After a strong performance on Tuesday, several banks pulled back, including VPB (-2.4%), TCB (-1.7%) and CTG (-1.5%).

* Oil & gas tickers GAS (-1.0%) and PLX (-2.2%) declined.

* Steel manufacturers HPG (+1.2%) and HSG (+3.2%) both gained.

* Securities brokerage SSI (+6.9%) soared to the daily trading ceiling.