Vietcap Daily - VN-Index plummets to 1,118.10 on broad selloff

* CTG targets 2023 parent PBT growth of 10.6% YoY
* Market wrap: VN-Index plummets to 1,118.10 on broad selloff

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Market wrap: VN-Index plummets to 1,118.10 on broad selloff

The VN-Index plummeted by 3.2% on Tuesday, dropping to a more-than-three-month low of 1,118.10 as dozens of tickers nosedived to the daily trading floor. In addition, trading turnover on HOSE nearly doubled from the previous session to VND19.8tn (USD811.6mn) as investors sold off shares.

* Banks were down across the board, led by BID (-5.5%), VPB (-3.7%) and CTG (-2.8%).

* Securities brokerages SSI (-5.9%), HCM (-6.7%), VND (-6.8%), VCI (-6.9%) and VIX (-6.9%) suffered heavy losses.

* VIC (-5.1%) and its subsidiary VHM (-3.7%) declined. Moreover, fellow real estate tickers DIG (-7.0%), NVL (-6.8%), DXG (-6.8%) and PDR (-7.0%) plunged to the daily trading floor.

* GAS (-3.4%) fell for its third consecutive trading day.