Vietcap Daily - VN-Index advances 0.5% - FPT, NT2, PTB, SZC, TDM, VHM

* FPT: Solid H1 2024 results, strong DX services growth in Global IT – Earning Flash

* NT2: Significant improvement in Q2 vs Q1, bottom-line meets our expectation - Earnings Flash

* PTB: Q2 2024 revenue recovery continues, PBT margin improves – Earnings Flash

* SZC: Resilient profit growth in H1 2024, supported by strong handovers - Earnings Flash

* TDM: H1 2024 NPAT from water generation completes 51% of full-year forecast, in line with expectation – Earnings Flash

* VHM: Q2 earnings surge QoQ; strong H1 2024 presales driven by Royal Island – Earnings Flash & Analyst Meeting Note

* Market wrap: VN-Index advances 0.5%

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Market wrap: VN-Index advances 0.5%

On Thursday, the VN-Index advanced 0.5% (+5.8 pts) to close the trading day at 1,274.4. The banks sector had the most beneficial effect on the market while the technology sector had the most detrimental effect. Throughout the index, there were 285 gainers, 158 laggards, and 62 stocks that were unchanged. Total trading volume declined compared to the previous trading day to USD754.6mn.

* Banks BID (+1.04%), CTG (+1.4%), MBB (+1.6%), and ACB (+1.2%) posted strong performances, while LPB (-0.3%) and HDB (-0.4%) declined and VCB (0.0%) and TCB (0.0%) were unchanged.

* In real estate, VRE (+2.0%), VHM (+0.4%), BCM (+0.9%), HDG (+5.0%), and NVL (+2.1%) led the sector. VIC (-0.1%) and KDH (-0.3%) were the only large-cap decliners.

* Some of the stocks in other sectors that had a strong positive impact on the market were oil & gas company PLX (+5.6%), retailer MWG (+2.4%), rubber producer GVR (+1.4%), steel maker HPG (+0.7%), and utility company POW (+2.2%).

* A few noteworthy lagging stocks were technology company FPT (-3.0%), airline HVN (-3.4%), food & beverage conglomerate MSN (-0.8%), telecom towerco CTR (-2.9%), and pharmaceutical company DHG (-2.4%).