VCSC Daily - VN-Index falls while trading turnover on HOSE jumps to four-month high

* August’s economic results rebound from low base last year with controlled inflation

* Vietnam Macro Flash Note: Trade shows signs of weakening

* ACV: Passenger numbers to recover; entering high capex cycle – Update

* CTD: Provision causes EBIT loss; core business improves – Update

* PVS: Soaring costs dampen M&C profit margin – Update

* VHM: Solid presales outlook; attractive valuation – Update

* Market wrap: VN-Index falls while trading turnover on HOSE jumps to four-month high

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Market wrap: VN-Index falls while trading turnover on HOSE jumps to four-month high

The VN-Index dropped nine-tenths of a percent on Monday with trading turnover on HOSE climbing to a four-month high of USD878.1mn, mirroring other Asian markets that fell after US Federal Reserve Chairman Jerome Powell signaled that the Fed will likely raise interest rates further in order to tame inflation.

* VIC (-2.1%) was the top contributing decliner for the second consecutive session. Vingroup subsidiary VHM (-1.0%) also declined.

* VNM (-1.8%) and HPG (-2.1%) both dropped for the second trading session in a row.

* Banks CTG (-1.9%), TCB (-1.9%), BID (-1.0%) and VPB (-1.3%) fell.

* In the oil & gas sector, GAS (+2.0%) and PVD (+7.0%) climbed.

* Fertilizer manufacturers DPM (+6.8%) and DCM (+6.9%) surged.