VCSC Daily - VN-Index closed at an 18-month low

* GMD announced payment details for the FY2021 cash dividend of VND1,200/share, equivalent to a dividend yield of 2.6%

* VTP: FY2021 cash dividend of VND1,500/share and stock dividend of 9.33%

* Market wrap: VN-Index closed at an 18-month low

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Market wrap: VN-Index closed at an 18-month low

The VN-Index fell sharply by 1.96% on Wednesday as most large-caps in the VN30 basket dropped. As a result of this decline, the index closed at a new low since March 2021 of 1,143.62.

* VIC and VHM plummeted by more than 5%, which made the real estate sector the biggest contributor to the VN-Index's loss, despite the recovery of some other midcap names such as KBC, HDC and PDR.

* Large-caps in the consumer and utilities sectors dropped, including MSN, SAB, VNM, MWG and GAS.

* Financials traded mixed with gains from VCB, VPB, VND and SSI and losses from BVH, BID, MBB and TCB.