Vietcap Daily - VN-Index slides 1.1% as majority of VN30 stocks decline

* DGC signs MOU for bauxite-alumina project with Dak Nong Province
* STB: Moody’s upgrades STB’s credit ratings, changes outlook to stable from positive
* BWE: Water & waste treatment tariff hike request in progress; stock dividends to be paid in June 2024 - AGM note
* HVN: Recovery momentum to continue, equity remains negative - Update
* SZC: Higher GPM, handovers to drive profit growth in 2024 - Update
* TLG: Domestic, export sales to gradually improve - Update
* Market wrap: VN-Index slides 1.1% as majority of VN30 stocks decline

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Market wrap: VN-Index slides 1.1% as majority of VN30 stocks decline

The VN-Index slid 1.1% (-13.9 pts) on Monday to close the trading day at 1,267.9. The majority of the large-cap VN30 stocks declined (27), two gained, and one was unchanged. In the index, there were 119 gainers, 351 laggards, and 71 stocks that were unchanged. Total trading volume edged down to USD1.2bn.

* In banking, BID (-2.2%), CTG (-2.8%), VCB (-0.7%), ACB (-2.3%), MBB (-1.4%), and STB (-2.5%) were among the top-ten stocks pushing the market down.

* Real estate stocks VRE (-2.4%), VHM (-0.6%), BCM (-0.9%), and KDH (-0.5%) fell while VIC (+0.5%), NVL (+3.5%), DIG (+0.2%), and NLG (+0.5%) increased.

* In basic materials rubber producer GVR (-4.1%), steel maker HPG (-1.1%), chemical company DGC (-2.9%), and fertilizer producer DCM (-1.6%) lost value. Mining comapny DHM (+6.8%) surged.

* In the consumer goods sector, conglomerate MSN (-3.8%), milk producer VNM (-0.7%), jewelry retailer PNJ (-2.5%), and fish exporter VHC (-2.3%) declined. Coffee maker VCF (+7.0%) gained significantly.