Vietcap Daily - VN-Index declines 0.2%

* Banking Sector: Proposed regulations on debt restructuring for customers affected by typhoon Yagi and its aftermath
* GVR: Positive preliminary 9M 2024 NPAT, in line with our expectations
* Market wrap: VN-Index declines 0.2%

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Market wrap: VN-Index declines 0.2%

The VN-Index declined 0.2% (-2.98 pts) on Monday to close the trading day at 1,287.9. Large-cap stocks had a marked effect on the index as 19 members of the VN30 group saw their share prices fall. Throughout the index, there were 153 gainers, 241 laggards, and 70 stocks that were unchanged. Total trading volume plunged compared to the previous trading day to USD663.5mn.

* In the banks sector, VCB (-0.5%), BID (-0.8%), CTG (-0.1%), and ACB (-0.6%) declined. TCB (0.0%) and MBB (0.0%) were unchanged. VPB (+1.8%) was the only large-cap gainer in the sector.

* In real estate, VHM (-1.4%), VIC (-1.2%), VRE (-1.6%), and BCM (-1.5%) sharply dropped. KBC (+0.5%) gained.

* The financial services sector performed well, including SSI (+1.1%), VND (+0.3%), HCM (+0.5%), and VCI (+2.2%).

* Some of the notable laggards among other sectors were milk producer VNM (-1.3%), beer maker SAB (-1.2%), rubber producer GVR (-0.7%), oil & gas company PLX (-1.0%), and airline HVN (-1.9%).