* PHR: VSIP III to drive profit; bright outlook for PHR’s land value – AGM Note

* Market wrap: VN-Index increases for second straight day

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Market wrap: VN-Index increases for second straight day 

The VN-Index advanced by 1% on Wednesday as investors continued to snap up shares of large-cap stocks that dropped during the market’s recent downtrend. 

* MSN (+6.9%) surged to the daily trading ceiling for the second day in a row and was the top contributor to the day’s gain. 

* GAS (+4.1%) is up 10.5% over the last two trading sessions. 

* Real estate players BCM (+7.0%) and BIG (+6.9%) both hit the trading ceiling. 

* It was a mixed day for banks. On the positive side, STB (+6.9%) and SHB (+6.9%) jumped to the trading ceiling while TCB (+3.4%), BID (+1.3%) and CTG (+1.3%) also climbed. Conversely, VCB (-0.8%), TPB (-2.4%) and ACB (-1.0%) were among the day’s top contributing laggards. 

* Airlines VJC (-1.8%) and HVN (-2.1%) declined.

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