VCSC Daily - VN-Index slips despite strong performance from real estate stocks

* IMP: October results still dampened by COVID-19; proposing FOL increase
* VHC’s October 2021 sales results: Fillet sales strengthen on US demand - BUY
* HDG: Land bank acquisition to accelerate – Update
* STB: Important repossessed collateral sales forecast for 2022 - Update
* SZC: Residential project to support solid profit growth outlook – Update
* Market wrap: VN-Index slips despite strong performance from real estate stocks

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Market wrap: VN-Index slips despite strong performance from real estate stocks

The VN-Index edged down by two tenths of a percent on Thursday as investors offloaded large-cap stocks, which was evidenced by 22 of the VN30 Index’s 30 components declining. Notably, trading turnover on HOSE jumped more than 25% from Wednesday’s session to USD1.67bn.

* Steelmaker HPG (-2.3%) dropped for the third straight day and was the top contributor to the day’s loss.

* Most banks were down, including CTG (-1.7%), MBB (-1.7%), MSB (-3.9%), STB (-2.6%) and OCB (-3.5%).

* Real estate players GVR (+1.9%), DIG (+6.9%), NVL (+1.4%), NLG (+6.9%), PDR (+3.0%), KBC (+4.1%) and KDH (+3.1%) recorded significant gains. Meanwhile, VHM (-1.3%) and VRE (-1.9%) declined.

* PLX (+2.6%) has jumped nearly 10% over the past two days.