VCSC Daily - VN-Index trades sideways as trading turnover slumps to seven-week low - LHG, MWG, ACG, BMI, BMP, DRC, LPB, NLG, NT2, PHR, PNJ, SCS, VHC

* LHG’s AGM: Positive land clearance and land rental payment progress
* MWG’s preliminary Q1 2023 results: Plunge in sales of mobile phones & consumer electronics; BHX’s monthly sales/store was sustained at VND1.3bn
* ACG: Expanded distribution cushions weaker market demand - Update
* BMI: Improvement in net financial income supports earnings - Earnings Flash
* BMP: Record high gross margin supports Q1 earnings - Earnings Flash
* DRC: Disappointing earnings on weak domestic demand - Earnings Flash
* LPB: Drop in credit cost counteracts weak top line - Earnings Flash*
* NLG: Delivery of Mizuki Park to rescue bottom line - Earnings Flash
* NT2: Strong Q1 NPAT due to high volume, weak competitors - Earnings Flash
* PHR: Q1 2023 results in line with expectation - Earnings Flash
* PNJ: Q1 2023 earnings in line with our expectations - Earnings Flash
* SCS: Weak trade activities hurt international cargo volume - Earnings Flash
* VHC: Weak earnings, trailing our expectations - Earnings Flash
* Market wrap: VN-Index trades sideways as trading turnover slumps to seven-week low

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Market wrap: VN-Index trades sideways as trading turnover slumps to seven-week low

The VN-Index traded sideways on Thursday, closing up by less than a tenth of a percent as trading turnover on HOSE slumped to a seven-week low of USD282.2mn. * VPB (-1.8%) was the day’s top contributing laggard.

* VHC (+3.2%) has jumped more than 10% over the last five trading days.

* Insurer BVH (+1.8%) posted its first positive session since April 11.

* Real estate developer NVL (-1.0%) dropped for the second day in a row.