Vietcap Daily - VN-Index gains 0.7% for consecutive days

* National Assembly passes resolution on applying Global Minimum Tax
* The National Assembly approves extension of value-added tax (VAT) cut to H1 2024
* November IIP hits 9-month high level
* PVS awarded second contract for Block B project via receiving Limited Letter of Agreement
* BID: Better-controlled asset quality supports lower credit costs - Update
* BVH: Premium growth to recover slowly in 2024F - Update
* PTB: Gradual demand recovery, sizeable impact from Noble House - Update
* Market wrap: VN-Index gains 0.7% for consecutive days

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Market wrap: VN-Index gains 0.7% for consecutive days

On Wednesday, the VN-Index gained by 7.4 points (+0.7%) consecutive days to close at 1,102.8. Multiple large-cap banks decreased while gains were seen across most sectors. Total trading volume declined to USD519.7mn.

* Big banks VCB (-0.8%), VPB (-0.5%), and TCB (-0.2%) declined and were a drag on the index. In contrast, BID (+1.2%) and CTG (+0.3%) climbed.

* Real estate player VIC (+0.4%) and subsidiaries VHM (+1.1%) and VRE (+1.8%) gained. BCM (-0.5%) fell.

* VNM (-0.2%) inched down as fellow food & beverage firms MSN (+2.6%) and SAB (+2.0%) surged.

* GAS (+1.0%), steel maker HPG (+1.1%), and technology company FPT (+0.7%) increased for consecutive sessions.