VCSC Daily - Late gain from VIC helps VN-Index end two-day losing streak

• CTR: Robust revenue growth momentum continues in July

• DGW: Robust growth outlook remains intact – Update

• LPB: Provisions to rise but underlying profit growth strong – Update

• PVT: New VLGC to support profit; VLCC investment delayed – Update

• STK: Outlook remains bright despite short-term disruptions – Update

• Market wrap: Late gain from VIC helps VN-Index end two-day losing streak

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The VN-Index jumped 1.0% on Thursday, ending a two-day losing streak as several large cap stocks surged at the end of the session.

Conglomerate VIC (+6.2%) was the leading contributor to the day’s gain as it soared in the final 30 minutes of trading to reach a six-week high. Additionally, Vingroup subsidiary VHM (+0.9%) snapped a three-day losing streak.
In the banking sector, VCB (+1.7%) and VPB (+0.9%) increased. On the other hand, most bank tickers declined, including VIB (-1.3%), MSB (-2.3%), TPB (-1.5%), EIB (-1.5%), LPB (-1.5%) and SSB (-1.0%)
GVR (+3.3%) has advanced 13.8% over the last six trading sessions.
GAS (-1.8%) slumped to its lowest price since July 30 and was the top contributor among decliners.