VCSC Daily - VN-Index inches up on the last day of ETF rebalancing

* MWG to cooperate with pawnshop chain F88 on a commission basis
* VHC November 2021 sales: Strong recovery momentum continues. BUY
* Market wrap: VN-Index inches up on the last day of ETF rebalancing

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Market wrap: VN-Index inches up on the last day of ETF rebalancing

The VN-Index (+0.22%) trimmed its afternoon gain at the ATC (at the close) session as rebalancing activity by the MVIS Vietnam ETF and DB-FTSE Vietnam ETF weighed on some large-cap stocks such as MSN and VCB.

* The real estate sector was the biggest contributor to the VN-Index’s gain, due to rallies in VHM (+2.7%), VIC (+2%), VRE (+2.3%), KDH (+4.1%), DIG (+4.4%) and VCG (+6.9%).

* Consumer stocks traded mixed with gains from MWG (+0.7%), FRT (+7%), PNJ (+1.9%) and VHC (+3.3%) but declines from MSN (-1.6%), VNM (-1%), HAG (-6.9%) and MSH (-1.3%).

* Financial tickers also traded mixed as CTG (+1.4%), SSI (+3.1%), HCM (+6.1%) and ACB (+0.6%) rose but VCB (-2.6%), STB (-1.1%), LPB (-1.8%) and SSB (-0.8%) fell.

* Steel tickers such as HPG (-1.7%), HSG (-2.8%) and NKG (-3%) continued to show weak performance.