* MWG’s preliminary 7M 2024 results: Top line grows 15% YoY; BHX’s sales/store remain at VND2.1bn
* PNJ’s preliminary 7M 2024 results: NPAT growth decelerates to 4% YoY from 7% YoY in H1 2024
* IDC: Resilient cash inflows, IP land sales to pick up in 2025F - Update
* MWG: Raising projections for ICT margins, BHX's future profits - Update
* LCG: Large construction backlog to drive earnings in 2024 - Visit Note
* Market wrap: VN-Index ticks up 0.2% to finish week

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

Market wrap: VN-Index ticks up 0.2% to finish week

The VN-Index ticked up 0.2% (+2.5 pts) on Friday to finish the week at 1,285.3. The index rose by 33 pts in total this week. Throughout the index, there were 172 gainers, 212 laggards, and 99 stocks that were unchanged. Total trading volume increased compared to the previous trading day to USD672.5mn.

* Most of the large-cap real estate stocks performed poorly, including VHM (-0.1%), VRE (-1.0%), KDH (-0.5%), and VIC (0.0%). BCM (+0.6%), NVL (+2.3%), and PDR (+0.9%) gained.  

* Among banks, VCB (0.0%), VPB (0.0%), HDB (0.0%), and SSB (0.0%) were unchanged. BID (+0.4%), CTG (+1.0%), TCB (+0.2%), and MBB (+0.6%) saw their share prices increase. LPB (-0.6%) declined.

* Other top-ten stocks contributing to the index's increase from various sectors included rubber producer GVR (+1.9%), steel maker HPG (+1.2%), milk producer VNM (+0.9%), insurance company BVH (+3.4%), and financial services companies SSI (+1.5%) and HCM (+2.7%).  

* Technology company FPT (-0.5%), airline HVN (-0.9%), utility company PGV (-1.4%), retailer FRT (-1.2%), and industrials company PVT (-2.0%) were in the top-ten of stocks putting negative pressure on the index.

Powered by Froala Editor