* BWE to issue 27 million additional shares for FY2023 stock dividend  of 14%

* VPB: Moody’s affirms VPB’s Ba3 ratings and stable outlook

* AST: Strong short-term recovery; floor area to double in medium term – AGM Note & Earnings Flash

* DHC: Price spread compresses, scaling down GL3 – AGM Note & Earnings Flash

* MSN: Consumer-retail business remains key focus for 2024 – AGM Note & Earnings Flash 

* SAB: Management confident in achieving 2024 targets – AGM Note & Earnings Flash 

* SSI: Positive earnings results in Q1 2024, new product in wealth management services - AGM Note 

* VIC: Management reaffirms strong focus on VinFast development - AGM Note

* VNM: Positive Q1 2024 earnings defy downturn in Vietnam’s milk market – AGM Note 

* ACG: Operating leverage, cooled expansion lift earnings from low base – Earnings Flash 

* BMP: Q1 2024 earnings trend down despite near-record high GPM - Earnings Flash 

* BWE: Strong Q1 results due to water supply, trading & other segments – Earnings Flash 

* QNS: Robust sugar earnings growth spearheads profitability - Earnings Flash

* VPB: Strong NII growth, lower credit costs support earnings; bad debts metrics remain high – Earnings Flash 

* GMD: Strong Q1 2024 throughput growth - Analyst Meeting Note

* PVT: Strong Q1 lays foundation for robust NPAT-MI growth in 2024 - Update

* Market wrap: VN-Index posts marginal decline

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Market wrap: VN-Index posts marginal decline 

The VN-Index posted a marginal decline of 0.1% (-0.6 pts) on Thursday to close the trading day at 1,204.97. Banks was the worst performing sector in the index. In total, there were 293 laggards, 166 gainers, and 74 stocks that were unchanged. Total trading volume fell to USD555.9mn.

* The top laggards among banks were TCB (-1.8%), BID (-0.8%), MBB (-1.3%), ACB (-0.9%), LPB (-1.2%), VIB (-1.2%), and OCB (-1.8%). These seven banks were among the ten stocks putting the most downward pressure on the market. VCB (+0.4%), CTG (+0.2%), and HDB (+0.5%) gained.  

* Consumer goods was the top gaining sector in the index. The leaders were food & beverage conglomerate MSN (1.8%), milk producer VNM (1.1%), beer brewer SAB (1.5%), and fruit farming company HAG (1.6%). 

* Technology company FPT (+2.6%) was the overall leader positively affecting the market’s movement for the second consecutive day. Its associate company FRT (+1.3%), retailer MWG (+2.9%), airline HVN (+1.5%), electrical equipment manufacturer GEX (+2.5%), and real estate firm VIC (+0.96%) also posted good results.  

* Some notable declining stocks not previously mentioned were GAS (-0.8%), steel maker HPG (-0.9%), securities company SSI (-0.8%), telecom towerco CTR (-1.6%), and rubber producer GVR (-0.3%).

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