VCSC Daily - VN-Index drops 2.2% to start week - LPB, PNJ, NT2, ACG, BWE, DGW, TCB

* LPB: Vietnam Post to auction its stake at LPB with reserve price of VND28.930/share
* PNJ: BOD approves private placement involving 15 million shares (6.6% of current outstanding shares) at VND95,000/share
* NT2: Faster growth in wind power to weigh on 2022F – Update
* ACG: 2021 results in line; we expect earnings recovery in 2022 - Earnings Flash
* BWE: 2021 earnings beat on strong waste treatment profits - Earnings Flash
* DGW: Stellar Q4 results; earnings beat on strong GPM - Earnings Flash
* TCB: CASA ratio sets new record; NIM exceeds forecast - Earnings Flash
* Market wrap: VN-Index drops 2.2% to start week

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Market wrap: VN-Index drops 2.2% to start week

On Monday, the VN-Index plunged 2.2% to start the new week as investors aggressively sold off stocks to lock in profits with the long Tet Holiday approaching. Notably, 114 tickers fell to the daily trading floor.

* The real estate & construction sector suffered heavy losses, led by VHM (-4.0%), GVR (-6.9%), VRE (-6.3%), NVL (-2.4%) and BCM (-4.4%). Additionally, NLG (-6.9%), DXG (-6.9%) and DIG (-7.0%) all dropped the maximum daily amount.

* Large caps HPG (-6.0%), MSN (-5.3%) and VNM (-1.9%) were among the day’s top contributing decliners.

* Most banks were down, led by VPB (-2.5%) and TPB (-5.6%). However, VCB (+4.3%), ACB (+2.7%), TCB (+1.0%) MBB (+0.9%) and EIB (+1.2%) bucked the trend.