Vietcap Daily - VN-Index climbs 1.1%, majority of VN30 stocks gain

* IDC announces to pay the second interm FY2023 dividend of VND1,500/share, equivalent to a dividend yield of 2.9%
* Offshore Wind Power Thought Piece: Global offshore wind power capacity growth to regain momentum from 2024F
* BMI: Attractive valuation despite pressure from low interest rates - Update
* GVR: Rubber and wood segments to recover in 2024 - Update
* LPB: Earnings to recover on credit growth & wider NIM - Update
* SSI: Positive 2024F outlook priced in - Update
* Market wrap: VN-Index climbs 1.1%, majority of VN30 stocks gain

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

Market wrap: VN-Index climbs 1.1%, majority of VN30 stocks gain

On Wednesday, the VN-Index climbed 1.1% (+12.5 pts). For consecutive days, the banking sector led the market higher. Most of the stocks in the VN30 basket saw prices increase as advances occurred across industries. There were 395 gainers, 106 laggards, and 71 stocks that were unchanged. Total trading volume fell to USD602.8mn.

* Leading bank VCB (+1.2%) continued its surge from yesterday while fellow lenders BID (+1.9%), VPB (+1.3%), CTG (+1.5%), TCB (+1.6%), MBB (+1.6%), and ACB (+2.3%) also strongly increased. SSB (-2.7%) plunged.

* Real estate players VIC (+0.3%), VHM (+0.9%), and VRE (+0.7%) gained after falling in the previous session. BCM (-0.7%) and KDH (-0.2%) declined for consecutive days.

* In food & beverage, VNM (+1.0%) and MSN (+0.7%) rose while SAB (0.0%) was unchanged. HAG (+0.7%) edged up.

* Rubber producer GVR (+3.1%) soared, steel maker HPG (+1.3%) surged, and technology firm FPT (+0.4%) inched up.