VCSC Daily - VNI closes at a one-month low

* VIC to transfer its entire ownership of VinFast Vietnam to VinFast Singapore to prepare for IPO plan in the US
* Market wrap: VNI closes at a one-month low

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Market wrap: VNI closes at a one-month low

The VNI plummeted by 2.06% to a one-month low at 1413.58 as a majority of VN30 tickers fell.

* Financials contributed most to the decline of the VNI, led by VCB (-2.7%), CTG (-2.7%), TCB (-2.4%) and HDB (-6.1%). Brokerage firm, SSI, however, outperformed both the VNI and its peers, increasing by 1%.

* VIC (+0.1%), PDR (+0.7%) and CRE (+4.2%) also performed better than their peers in the real estate sector, which saw notable decliners such as VHM (-0.6%), KDH (-6%), NLG (-6.9%) and KBC (-4.1%).

* Materials stocks fell sharply, including DCM (-6.1%), DPM (-5.3%) and steel tickers such as HPG (-4.1%) and HSG (-6.9%).