VCSC Daily - VN-Index posts small gain but finishes August up 6.1% - GEG, LHG, MSN, MWG, NVL, PVD, VHC, VIC, VTP

* GEG: New strategic partner to help capacity expansion – Update

* LHG: Attractive valuation; expecting profit drop in 2022F – Update

* MSN: Consumer retail business poised to rise after 2022 – Update

* MWG: Grocery business poised to become new growth engine – Update

* NVL: Aqua City, NovaWorld deliveries to support H2 2022 profit – Update

* PVD: Expecting higher jack-up day rates in 2023 – Update

* VHC: Strong earnings outlook continues – Update

* VIC: Expecting strong property profit, EV deliveries in H2 2022 – Update

* VTP: Product shortages, rising costs squeeze margins – Update

* Market wrap: VN-Index posts small gain but finishes August up 6.1%

---------------------------------------

Market wrap: VN-Index posts small gain but finishes August up 6.1%

The VN-Index edged up by a tenth of a percent on Wednesday as investor sentiment was cautious before the long holiday weekend. For the month of August, the VN-Index gained 6.1% — its biggest monthly increase since October 2021.

* VHM (+1.8%) was the day’s top contributing gainer. Conversely, fellow Vingroup subsidiary VRE (-2.5%) dropped.

* Among banks, VPB (+1.4%) increased for the second day in a row, whereas VCB (-2.3%) retreated after its 4.2% gain on Tuesday.

* GAS (-1.5%) snapped a two-day winning streak.