VCSC Daily - VN-Index gains 1.1%, snaps three-session losing streak

* HT1: December 9 to be ex-rights date for FY2020 cash dividend payment of VND1,200/share (4.8% yield)
* MWG pilots jewelry & fashion accessory format BlueJi — the first of several new retail categories/formats that MWG may launch in near future
* Retraction of incorrect news regarding VIB rights issue
* GVR: Fully valued as land value realization will take time – Update
* MWG: Growth to accelerate as COVID-19 disruptions ease – Update
* Market wrap: VN-Index gains 1.1%, snaps three-session losing streak

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Market wrap: VN-Index gains 1.1%, snaps three-session losing streak

The VN-Index jumped 1.1% on Tuesday as buying demand increased following the index’s decline over the previous three trading sessions.

* MSN (+4.4%) was the top contributor to the day’s gain and has climbed 6.2% over the last two days.

* GVR (+5.3%) ended a three-session decline.

* Real estate players VHM (+1.8%) and NVL (+4.0%) advanced.

* Securities brokerages SSI (+7.0%) and VND (+6.9%) soared to the daily trading ceiling. VCI (+3.7%) and HCM (+3.3%) also gained.

* Banks were mostly down, led by BID (-1.9%), VPB (-1.2%) and CTG (-1.2%). Meanwhile, TPB (+4.7%) has surged 13.4% over the past three sessions.