Vietcap Daily - VN-Index slides for fourth consecutive trading day - DRC, DXS, MCH, POW, VHC, DXG, LPB, MBB, QTP, SCS, VIC

* DRC guides for PBT increasing by 25% YoY in Q2 2024
* DXS’s AGM documents guide for 2024G NPAT-MI of VND168bn (USD6.7mn)
* Masan Consumer Corporation (UPCoM: MCH) - 2024 AGM documents highlights: Planning to list on Ho Chi Minh Stock * Exchange (HOSE); high cash dividend payment for FY2023
* POW: Prelim Q1 PBT completes 4% of full-year forecast, slight downside risk evident
* VHC: 5% YoY revenue growth in March 2024
* DXG: Guidance for NPAT-MI to increase 31% YoY in 2024G; shareholders approve plans for private placement, rights issuance – AGM Note
* LPB: Aggressive 2024F earnings guidance, not paying cash dividend in next 3 years – AGM Note
* MBB: Cautious 2024F profit guidance; strong expansion plan- AGM Note
* QTP: Q1 NPAT jumps 57% YoY, ahead our forecast - Earnings Flash
* SCS: Qatar Airways boosts cargo volume – Earnings Flash
* Vietnam Macro Note - SBV announces FX intervention
* VinFast's (Nasdaq: VFS) Q1 2024 Earnings Call – Highlights
* Market wrap: VN-Index slides for fourth consecutive trading day

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Market wrap: VN-Index slides for fourth consecutive trading day

The VN-Index slid 1.5% (-18.2 pts) on Friday, closing at 1,174.9. This marks the fourth consecutive trading day that the index has lost value. Large-cap stocks across various sectors experienced losses, with 27 out of the VN30 group declining, while only one recorded a gain, and two remained unchanged. In total, there were 405 laggards, 90 gainers, and 54 stocks that were unchanged. Total trading volume increased to USD931.1mn.

* In real estate, VIC (-5.3%), BCM (-4.97%), VRE (-3.2%), NVL (-3.99%), and KDH (-2.9%) plunged. VHM (-0.7%) also posted a loss.

* In banking, BID (+0.5%) gained, VCB (0.0%) was unchanged, and CTG (-3.4%), HDB (-3.3%), MBB (-1.7%), and VIB (-1.9%) were the top decliners.

* Industrials was the third most lagging sector during the trading day. Construction & building materials company VGC (-3.9%), mechanical & electrical building services company REE (-3.3%), telecom towerco CTR (-5.5%), and plastics company BMP (-7.0%) sharply fell. Logistics company VTP (+1.6%) advanced.

* Other noteworthy stocks that saw their share prices decrease were technology company FPT (-2.5%), rubber producer GVR (-1.9%), beer maker SAB (-2.8%), securities company SSI (-3.5%), and retailer MWG (-2.4%).