Vietcap Daily - VN-Index posts immaterial change

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* Market Wrap: VN-Index posts immaterial change

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Market Wrap: VN-Index posts immaterial change

The VN-Index posted an immaterial change of -0.04% (-0.6 pts) on Friday to close the trading day at 1,290.9. Less than half of the stocks in the large-cap VN30 group saw gains. Throughout the index, there were 148 gainers, 228 laggards, and 95 stocks that were unchanged. Total trading volume decreased compared to the previous trading day to USD877.5mn.

* Eight of the top-ten stocks boosting the index were in the banks sector. These were CTG (+1.7%), STB (+2.6%), EIB (+3.6%), VPB (+0.8%), SHB (+2.3%), TCB (+0.4%), TPB (+1.5%), and BID (+0.2%).

* The real estate sector performed poorly as a whole, as VHM (-2.3%) plunged, BCM (-0.97%) and KDH (-1.02%) declined, and VIC (0.0%) was unchanged. VRE (+1.04%) was the sole large-cap gainer in the sector.

* Rubber producer GVR (-1.1%), utility companies GAS (-0.7%) and REE (-1.04%), retailer MWG (-1.2%), and oil & gas company PLX (-1.4%) were the laggards from other sectors most negatively affecting the index.

* Some of the standout gainers in other sectors were milk producer VNM (+0.4%), beer maker SAB (+0.7%), securities company SSI (+0.6%), airline HVN (+0.9%), and consumer foods producer KDC (+2.8%).