VCSC Daily - VN30 closes at a 17-month low

* MWG’s 8M 2022 results: Mobile and consumer electronics surged off the low base in 2021; BHX’s sales/store continued to improve MoM

* Market wrap: VN30 closes at a 17-month low

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Market wrap: VN30 closes at a 17-month low

The VN-Index fell by 2.4% on Monday to 1,174.35 as 27 large-caps in the VN30 basket closed in negative territory. The VN30 Index consequently fell by 2.3% and set a new low since April 2021.

* Except for a gain at EIB (+1.2%), most financial stocks plummeted, led by CTG, BID, VPB and VCB.

* The real estate sector also witnessed a bad day due to declines from both large-cap names, such as VHM, VRE and VIC and mid-cap names, including NLG, KDH, DXG and KBC.

* Energy stocks were sold-off amid lower oil prices, among which PVD and PVT closed at limit down.

* GAS rose by 1% and helped the utilities sector to outperform the market despite losses from other stocks such as VSH, NT2, BWE and PPC.