* Services sector remains key growth driver, while industrial & construction sector shows strong improvement
* GEX: Positioned for growth in electricity consumption and IPs - Initiation
* VIB: Growth in NII to outweigh surge in credit costs - Update
* Market wrap: Vingroup tickers help VN-Index finish higher

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Market wrap: Vingroup tickers help VN-Index finish higher

After spending the majority of Friday in negative territory, the VN-Index climbed in afternoon trading to close up by a tenth of a percent, led by strong performances from Vingroup and its subsidiaries. The VN-Index concluded the week and the month down by 3.3% and 5.7%, respectively, but finished Q3 2023 with a gain of 3.0%.

* The Vingroup family of stocks were key contributors to the day’s gain, with VIC (+4.1%), VHM (+2.2%) and VRE (+2.5%) all finishing higher.

* The banking sector was mixed. VPB (+2.4%), EIB (+2.9%), LPB (+1.8%) advanced, whereas CTG (-2.6%), VCB (-0.6%) and TPB (-1.1%) were among the day’s top contributing laggards.

* FPT (-1.3%) dropped, but its retail arm FRT (+4.5%) increased for the third day in a row.

* Steelmaker HPG (-1.1%) ended a streak of three straight positive sessions.

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