Vietcap Daily - VN-Index edges up, led by bank stocks

* MSN Analyst Meeting: Ambitious expansion plan in H2 2023
* Vietnam Earnings Update: H1 2023 earnings on track vs FY 2023 forecasts
* NLG: Scheduled handovers and stake sales to support H2 earnings - Update
* POW: Earnings to nearly double in H2 2023 vs H1 2023 – Update
* PVT: Fleet expansion and resilient tanker rates to drive growth - Update
* Market wrap: VN-Index edges up, led by bank stocks

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Market wrap: VN-Index edges up, led by bank stocks

The VN-Index edged up by two-tenths of a percent on Wednesday as the financial sector led the market’s rebound.

* Banking tickers were overwhelmingly positive, led by BID (+1.9%), CTG (+2.1%), EIB (+7.0%), ACB (+1.1%) and SSB (+1.0%).

* Real estate developer NVL (+3.1%) bounced back from its 5.6% loss on Tuesday.

* VHM (-1.0%) was the day’s top contributing laggard. Meanwhile, its parent company VIC (-1.0%) pulled back after hitting the trading ceiling in the previous two sessions.

* Other notable decliners included MSN (-1.7%) and FPT (-1.2%).