Vietcap Daily - VN-Index breaks declining streak, advances 0.3%

* MSN: Masan High-Tech Materials (MHT) has reached framework agreement to divest H.C. Starck as part of its deleveraging strategy

* VHC: Strong 25% YoY sales growth in April 2024

* VHC: Weak selling prices continue, earnings decline 16% YoY in Q1 - Earnings Flash

* PVD: Higher SE Asian JU day rates support robust growth outlook - Update

* TCB: NIM to recover gradually - Update

* DTD: Medium-term earnings reliant on new segments - Visit Note

* Market wrap: VN-Index breaks declining streak, advances 0.3%

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Market wrap: VN-Index breaks declining streak, advances 0.3%

The VN-Index advanced 0.3% (+3.1 pts) on Tuesday to close the trading day at 1,243.3. The index’s gain broke a three-day declining streak. Real estate led the market while banks had the most negative impact on the index. In total, there were 226 gainers, 201 laggards, and 79 stocks that were unchanged. Total trading volume fell to USD612.8mn.

* Among real estate stocks, VIC (+2.3%) and BCM (+3.9%) surged and VHM (+0.1%) and NVL (+0.4%) edged up. VRE (0.0%) was unchanged and KDH (-1.1%) declined.

* The four most lagging banks were BID (-1.0%), VCB (-0.4%), TCB (-1.0%), and SHB (-0.4%). The top gaining banks were VPB (+1.6%), MBB (+0.9%), VIB (+1.9%), and LPB (+1.0%).

* Some strong performers in the index were rubber producer GVR (+1.6%), milk producer VNM (+1.1%), retailer MWG (+3.1%), airline HVN (+5.8%), and IT-telecom company CMG (+6.9%).

* A few of the noteworthy decliners in assorted sectors were airline VJC (-1.5%), oil & gas company PLX (-2.2%), food & beverage conglomerate MSN (-0.3%), jewelry retailer PNJ (-0.8%), and logistics company STG (-4.3%).