Vietcap Daily - VN-Index breaks loss streak

* PC1: Deputy PM approves investments for two PC1-linked industrial parks

* POW: Preliminary H1 recurring PBT completes 55% of our full-year forecast, in line with our expectation

* BMP: Solid QoQ earnings recovery on record-high margins in Q2 2024 – Earnings Flash

* PPC: H1 2024 core profit reaches 2x YoY, slightly trails expectations due to Pha Lai 1’s lower-than-expected fixed component - Earnings Flash

* Vietnam Macro Note: Fiscal measures to support growth in H2 2024

* Market wrap: VN-Index breaks loss streak

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Market wrap: VN-Index breaks loss streak

On Tuesday, the VN-Index broke its four-day loss streak by gaining 0.1% (+1.36 pts) and closing the trading day at 1,281.2. The banks sector helped lift the market with only one large-cap bank seeing its share price decline. In total, there were 211 gainers, 215 laggards, and 89 stocks that were unchanged. Total trading volume increased compared to the previous trading day to USD646.1mn.

* Banks BID (+1.3%), MBB (+2.2%), VCB (+0.5%), CTG (+1.3%), VPB (+1.1%), and HDB (+1.4%) were among the ten stocks most positively impacting the market. TCB (-0.2%) was the only large-cap decliner in the sector.

* In real estate, VHM (-0.3%), VIC (-0.7%), VRE (-0.7%) slid, NVL (-4.6%) and PDR (-3.2%) plunged, and BCM (+1.9%), SIP (+4.7%), and NLG (+0.5%) gained.

* Several large-cap stocks were unchanged, including utility company GAS (0.0%), steel maker HPG (0.0%), beer producer SAB (0.0%), chemical company DGC (0.0%), and logistics company GMD (0.0%).

* Some noteworthy lagging stocks were rubber producer GVR (-0.8%), oil & gas company PLX (-1.9%), airline HVN (-6.99%), food & beverage conglomerate MSN (-0.7%), and utility company POW (-1.97%).