Vietcap Daily - VN-Index declines 0.2% as banking sector stumbles

* CTR: The Ministry of Information and Communication announces auction dates for third spectrum auction

* VEA: Slower-than-expected YoY sales growth in January

* VHC: Stellar 102% YoY and solid 13% MoM sales growth in January 2024 from 2023’s low base

* ACV: International traffic recovers, domestic traffic remains weak - Update

* KDH: Strong presales at The Privia to drive 2024 profit growth - Update

* SAB: Earnings to recover but slower medium-term growth outlook - Update

* Market wrap: VN-Index declines 0.2% as banking sector stumbles

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

Market wrap: VN-Index declines 0.2% as banking sector stumbles

The VN-Index declined 0.2% (-2.7 pts) on Thursday as several large-cap banks saw their share prices decrease. There were more laggards (263) than gainers (217) during the trading day, while 77 stocks were unchanged. Total trading volume fell to USD729.8mn.

* Banks VCB (-1.9%), HDB (-2.6%), and STB (-1.4%) were three of the ten stocks most weighing the market down. TCB (+3.3%), CTG (+0.4%), and SSB (+0.2%) were the only banks that posted gains. BID (0.0%) was unchanged.

* Several real estate stocks were down including VHM (-0.4%), BCM (-1.1%), NVL (-1.4%), PDR (-1.4%), KDH (-1.2%), and DIG (-0.7%). VIC (+0.7%) and VRE (+1.5%) were the only gainers in the sector. VRE is up over 20% since February 6.

* Some of the other significant gaining stocks during the trading day were milk producer VNM (+0.4%), GAS (+0.3%), jewelry retailer PNJ (+1.7%), construction materials company BMP (+4.7%), and sugar producer SBT (+2.2%).

* A few of the other notable decliners were rubber producer GVR (-0.7%), steel maker HPG (-0.9%), technology company FPT (-1.2%), and retailer MWG (-1.7%).