* CTG: Bad debt recoveries to partly offset high credit costs in 2024 – Update
* VCB: NIM, NFI rebound to drive stronger earnings growth in 2024 - Update
* Market wrap: VN-Index edges up 1.0% on Monday led by banking 

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Market wrap: VN-Index edges up 1.0% on Monday led by banking 

The VN-Index began the week edging up 1.0% (+12.2 pts) to close at 1,224.2. Gains were seen across sectors but a variety of large-cap stocks also lost value or were unchanged. The banking sector had a strong impact on the market as five banks were in the ten most positively contributing stocks during the trading day. Overall, there were 270 gainers, 214 laggards, and 73 stocks that were unchanged in the index. Total trading volume decreased to USD848.8mn.  

* Banks BID (+3.1%), TCB (+2.8%), VCB (+0.7%), CTG (+1.3%), and ACB (+0.7%) positively contributed to the market while VPB (-1.3%), SSB (-0.4%), and STB (-0.5%) were the only decliners in the sector.  

* In real estate, VIC (-1.3%) and NVL (-1.2%) fell. VRE (+2.2%) and SIP (+2.9%) posted strong gains and VHM (+0.1%), DIG (+1.2%), and PDR (+0.9%) also rose. * Food & beverage had a mixed performance. The two largest-cap companies in this sector(milk producer VNM & conglomerate MSN) were both unchanged (0.0%). Beer maker SAB (-0.7%) and consumer foods producer KDC (-0.2%) decreased as fruit grower HAG (+3.3%) and fish exporter VHC (+6.97%) surged.  

* A few of the noteworthy stocks affecting the index were rubber producer GVR (+4.5%), steel maker HPG (+1.4%), technology company FPT (+3.95%), securities firm SSI (+2.8%), fertilizer company DGC (+7.0%), and logistics company GMD (+6.2%).