* FPT - Analyst Meeting Note: Management expects robust broad-based growth led by global IT business in 2024

* REE revokes announcement of interim FY2023 cash dividend payment

* SAB - Analyst Meeting Note: Management is caustiously optimistic on 2024 prospects

* Vietnam Earnings Update: Full year 2023 earnings broadly in line with forecasts

* Pangasius Sector Update: Filet volumes, ASPs to recover in 2024

* NLG: Sustained presales improvement expected throughout 2024 - Update

* PVS: Management expects Block B project to receive FID in Q2 2024 - Update

* REE: Real estate sales, M&E earnings rebound to outweigh lower power earnings in 2024 - Update

* Market wrap: VN-Index ticks up 0.2%, led by stocks in various sectors 

----------------------------------------

Market wrap: VN-Index ticks up 0.2%, led by stocks in various sectors

On Tuesday, the VN-Index ticked up 0.2% (+2.4 pts) to close at 1,188.5. The gains were led by stocks in a variety of sectors. In total, there were 244 gainers, 212 decliners, and 107 stocks unchanged. Total trading volume decreased to USD599.3mn.  

* Yesterday, eight banks were in the group of the ten most positively contributing stocks to the market, while today had four. These were CTG (+1.5%), HDB (+1.6%), BID (+0.3%), and VPB (+0.5%). VCB (-0.6%) was the only large-cap decliner for the second consecutive day. 

* The other top performers on the day were from a variety of sectors. In order of most to least influential, these were chemical company DGC (+5.3%), GAS (+0.7%), technology firm FPT (+0.6%), airline HVN (+2.4%), rubber producer GVR (+0.6%), and FPT’s retail associate, FRT (+3.4%).  

* Two of the Vingroup stocks, VHM (-0.6%) and VRE (-0.5%) were in the group of the ten stocks most weighing on the market, while parent company VIC (+0.2%) gained.  

* Milk producer VNM (-0.6%), retailer MWG (-0.8%), and airline VJC (-0.8%) were among the other notable stocks putting downward pressure on the market. 

Powered by Froala Editor