Vietcap Daily - VN-Index climbs 1.1% on Tuesday

* Energy sector: MoIT approves 2024 PPA price cap for LNG-fired power plants

* Energy Sector: Thien Nga – Hai Au gas field to come online in Q4 2026, slightly positive for GAS & PVD

* HDG announces to pay dividends for 2023

* REE Energy registers to sell all its stake in Su Pan 2 hydro

* Market wrap: VN-Index climbs 1.1% on Tuesday

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Market wrap: VN-Index climbs 1.1% on Tuesday

The VN-Index climbed 1.1% (+14.1 pts) on Tuesday to close the trading day at 1,281.7. The market’s gain was led by the large-cap VN30 group, which saw 28 of its members advance. Throughout the index, there were 342 gainers, 87 laggards, and 69 stocks that were unchanged. Total trading volume increased to USD824.2mn.

* The consumer goods sector performed well as beer maker SAB (+4.3%), conglomerate MSN (+2.7%), and fruit farmer HAG (+2.4%) surged, and milk producer VNM (+1.1%) and fish exporter VHC (+0.96%) gained.

* Banks LPB (+6.8%), HDB (+1.5%), and VIB (+1.4%) saw strong gains while VCB (+0.6%), BID (+0.4%), and TCB (+0.9%) also increased. CTG (-0.6%) declined.

* In real estate, VHM (+0.4%), BCM (+0.97%), VRE (+0.7%), and KDH (+1.3%) posted positive results while VIC (0.0%) was unchanged.

* Some noteworthy gainers in other sectors were technology company FPT (+3.2%), airline HVN (+6.96%), retailer MWG (+2.5%), utility company GAS (+1.1%), steel maker HPG (+0.9%), and rubber producer GVR (+0.99%).