Vietcap Daily - VN-Index slides as large-cap tickers drop

* FPT Analyst Meeting Note: Resilient H2 2023 earnings growth outlook; AI technology to lead long-term growth
* PC1: Earnings to fall in 2023F but rebound strongly in 2024F – Update
* TCB: NIM to rebound in 2024 - Update
* Market wrap: VN-Index slides as large-cap tickers drop

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Market wrap: VN-Index slides as large-cap tickers drop

The VN-Index closed down by seven-tenths of a percent on Wednesday as only two components of the large-cap VN30 Index advanced.

* VHM (-3.5%) was the top contributor to the day’s loss. Additionally, parent company VIC (-1.8%) pulled back after its 15.1% gain over the previous three sessions.

* MSN (-1.7%) ended a run of four straight positive sessions.

* MWG (-1.9%) and FPT (-2.0%) both declined.

* Steelmaker HPG (+2.2%) was the day’s top contributing gainer as its trading volume surged to more than 42 million shares.

* STB (+4.7%) climbed to a 52-week high.