Vietcap Daily - VN-Index advances, led by VIC

* CTR’s 7M 2023 preliminary results slightly beat our forecast
* BSR: Refining market to remain tight through 2024 - Update
* DGW: Diversification away from ICT becomes more visible - Update
* Market wrap: VN-Index advances, led by VIC

----------------------------------------

Market wrap: VN-Index advances, led by VIC

After pulling down the VN-Index in the previous session, VIC had a strong recovery on Wednesday and helped to carry the market to a gain of seven-tenths of a percent.

* VIC (+6.9%) surged to the daily trading ceiling after VinFast debuted on Nasdaq overnight and finished trading at USD37.06, representing a gain of 255% vs Monday’s closing price. In addition, Vingroup subsidiary VHM increased for the fourth consecutive session.

* In the banking sector, TCB (+3.7%), STB (+4.4%), VPB (+1.8%) and BID (+1.1%) climbed.

* FPT has advanced 3.8% over the last three trading days.

* Real estate developer DIG (+4.0%) has jumped nearly 11% since last Friday.