* BSR to pay 2022 cash dividend of VND700/share in September 2023
* PVS’s joint venture extends contract to provide and operate FSO Bien Dong, implying upside to our 2023-2027F earnings forecast
* CTD: High financial income to support 2023F earnings; valuation running ahead of fundamental progress - Update
* Market wrap: Banking sector drives VN-Index to four-month high

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Market wrap: Banking sector drives VN-Index to four-month high

On Friday, the impressive performance of the banking sector drove the VN-Index to close up by 1.1% and hit a four-month high of 1,090.84. In addition, the large-cap VN30 Index rose 1.8%, with only four of its 30 components finishing lower. For the week, the VN-Index registered a 2.5% increase. 

* Banking stocks were up across the board, led by TCB (+6.3%), VCB (+1.1%), MBB (+4.8%), CTG (+2.5%), VIB (+7.0%), * VPB (+2.3%) and SSB (+2.4%). 

* Retailer MWG (+3.8%) advanced 6.8% on the week. 

* VHM (+0.7%) was among the day’s top contributing gainers, ending a streak of three straight negative sessions.

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