Vietcap Daily - VN-Index falls 0.6%- MSN, STB, VCB

* Solid production, new orders in August
* Energy Sector: Brent oil price falls to USD74/bbl, lowest since December 2023
* MSN: SK Group sells 7.1% of WinCommerce (WCM) to MSN, etends exercise date for put option
* STB: Delaying income from Phong Phu debt sale to 2025 - Update
* VCB: NIM to expand in H2 2024 - Update
* Market wrap: VN-Index falls 0.6%

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Market wrap: VN-Index falls 0.6%

The VN-Index fell 0.6% (-8.1 pts) on Wednesday to close the trading day at 1,275.8. Six of the top-ten stocks weighing on the market were from the banks sector. Throughout the index, there were 117 gainers, 313 laggards, and 49 stocks that were unchanged. Total trading volume surged compared to the previous trading day to USD631.5mn.

* The previously mentioned bank stocks were VCB (-0.8%), VPB (-2.4%), TCB (-1.5%), MBB (-1.8%), SSB (-3.7%), and HDB (-2.2%). BID (+0.1%) and CTG (+0.7%) gained.

* In real estate, VHM (+2.4%), VRE (+2.6%), and PDR (+3.9%) posted strong gains while VIC (-0.5%) and KBC (-1.5%) declined. BCM (0.0%) and NVL (0.0%) were unchanged.

* Several financial services stocks saw their share prices decrease significantly, including SSI (-1.6%), VND (-1.6%), VCI (-1.2%), and VIX (-1.2%).

* Other noteworthy laggards were tech company FPT (-1.3%), rubber producer GVR (-1.8%), oil & gas company PLX (-3.3%), food & beverage conglomerate MSN (-1.6%), and airline HVN (-2.7%).