Vietcap Daily - VN-Index ticks up 0.3%

* PMI drops below 50 points for first time in six months due to Typhoon Yagi

* Market wrap: VN-Index ticks up 0.3%

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Market wrap: VN-Index ticks up 0.3%

The VN-Index ticked up 0.3% (+4.3 pts) to close the trading day at 1,292.2. Throughout the index, there were 270 gainers, 125 laggards, and 125 stocks that were unchanged. Total trading volume surged compared to the previous trading day to USD890.1mn.

* In the banks sector, performance was mixed, with TCB (+1.86%), MBB (+0.4%), and STB (+1.4%) posting gains, while CTG (-1.2%), VPB (-1.0%), and HDB (-0.7%) experienced declines. Both VCB and BID remained unchanged at 0.0%.

* The real estate sector showed positive movement, with notable gains from VHM (+1.9%), VIC (+0.8%), VRE (+1.6%), and BCM (+0.1%).

* The top stocks lifting the index from other sectors were steel maker HPG (+1.5%), tech company FPT (+1.0%), food & beverage conglomerate MSN (+1.2%), and rubber producer GVR (+0.7%).

* Utility companies GAS (-0.3%) and TDM (-2.0%), retailer MWG (-0.4%), securities company SSI (-0.4%), oil & gas company PVD (-1.1%), and chemical company DCM (-0.7%) were some of the noteworthy laggards across sectors.