Vietcap Daily - VN-Index posts marginal decline of 0.1%

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* Market wrap: VN-Index posts marginal decline of 0.1%

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Market wrap: VN-Index posts marginal decline of 0.1%

The VN-Index posted a marginal decline of 0.1% (-1.1 pts) on Tuesday to finish the trading day at 1,242.5. Banks put the most downward pressure on the market, which was offset by the combined gains from real estate and basic materials. Throughout the index, there were 216 gainers, 242 laggards, and 84 stocks that were unchanged. Total trading volume fell to USD872.6mn.

* In the banking sector, VCB (-0.5%), BID (-0.8%), OCB (-3.1%), and VPB (-0.3%) lost value, while TCB (+0.5%), EIB (+1.1%), MSB (+1.1%), and STB (+0.5%) recorded gains in their share prices.

* In financial services, losses were seen for SSI (-1.4%), VCI (-1.9%), VIX (-2.3%), and VND (-0.6%), while HCM (+1.1%), BCG (+2.7%), CTS (+1.1%), and OGC (+1.4%) climbed.

* In the real estate sector, VHM (+1.9%) and VIC (+2.0%) demonstrated growth, along with SIP (+1.6%) and KBC (+0.9%), while VRE (-2.9%), KDH (-1.6%), NVL (-1.2%), and DXG (-2.6%) decreased.

* In the basic materials sector, steel maker HPG (+0.7%) slightly increased while rubber company PHR (+6.6%) and steel manufacturers NKG (+6.3%) and HSG (+2.5%) surged. Fertilizer producer DCM (-0.3%), plastic manufacturer NHH (-3.2%), mining & wood company PTB (-0.8%), and fumigation company VFG (-1.2%) declined.