* Banking sector
*  CTR: PBT surges 24% YoY in 5M 2021 thanks to telecom-related segments, construction — BUY
*  SSI: June 23 record date for 2021 cash dividend & rights issue
*  Banking Earnings wrap-up: Banks have strong start to 2022
*  Market wrap: VN-Index drops below 1,300

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Market wrap: VN-Index drops below 1,300

After closing above 1,300 points on Wednesday and Thursday, the VN-Index dropped 1.8% on Friday to close at 1,284.08 as 25 of the VN30 Index’s components finished in the red. For the week, the VN-Index decreased by three tenths of a percent, ending a streak of three straight positive weeks. 

* GAS (-7.0%) plummeted to the daily trading floor and was the top contributor to the day’s loss. In addition, petroleum distributor PLX (-4.0%) fell following its 7.8% gain over the previous four days. 

* GVR (-4.9%) pulled back after jumping nearly 10% in the first four days of the week. 

* FPT (-4.6%) and MWG (-1.8%) both declined. 

* Banks BID (-2.0%), CTG (-2.2%) and VPB (-1.9%) were among the day’s top contributing decliners. On the other hand, TCB (+1.5%) notched its fourth straight positive session.

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