Vietcap Daily - VN-Index edges down for first negative day of week

• Domestic petroleum prices decline due to lower global prices
• Power Sector: 4M 2023 CGM price increases 10% YoY; risk of electricity shortage in northern Vietnam
• DRC: Remaining 2022 cash dividend of VND1,300/share to be paid in June
• HPG: Potential new investments in Phu Yen Province
• KBC: Strong IP land sales to drive 2023 earnings - Update
• MBB: Strong NIM supports high ROE - Update
• PVT: Robust tanker market outlook remains intact - Update
• VEA: Earnings to fall in 2023 on slumping vehicle sales - Update
• VNM: Gradual profitability recovery on lower input costs - Update
• Market wrap: VN-Index edges down for first negative day of week

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Market wrap: VN-Index edges down for first negative day of week

On Thursday, the VN-Index dropped by a tenth of a percent and ended a streak of three consecutive positive sessions despite some real estate & construction tickers recording strong gains.

* VCB (-1.1%) fell for the third day in a row and was the top contributor to the day’s decline. Meanwhile, fellow bank VPB (+1.3%) was the day’s top contributing gainer.

* Real estate & construction stocks NVL (+3.8%), DIG (+6.8%) and CTD (+6.9%) jumped.

* GAS (-1.1%) dropped for the second straight day