VCSC Daily - VN-Index continues to trade sideways

* SBV starts to rebuild foreign reserves

* PLX: Preliminary 2022 result beat our expectation

* VEA: Passenger car sales continue downtrend in December 2022

* Market wrap: VN-Index continues to trade sideways

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Market wrap: VN-Index continues to trade sideways

On Wednesday, The VN-Index traded sideways for the third day in a row, edging up by two-tenths of a percent after selling pressure increased in afternoon trading.

* VHM (+2.1%) was the top contributor to the day’s gain. Parent company VIC (+1.1%) also increased, which snapped a three-session losing streak. On the other hand, Vingroup subsidiary VRE (-3.1%) dropped.

* Banks were mixed. CTG (+1.9%) and ACB (+3.2%) advanced, whereas VCB (-2.5%), EIB (-6.8%), VPB (-1.3%) and STB (-1.0%) were among the day’s top contributing laggards.

* Steelmaker HPG (+2.1%) climbed for the third straight day.

* NVL (+6.8%) soared to daily trading ceiling.