Vietcap Daily - VN-Index posts slight gain of 0.3%

* Market wrap: VN-Index posts slight gain of 0.3%

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Market wrap: VN-Index posts slight gain of 0.3%

On Monday, the VN-Index posted a slight gain of 0.3% (+3.7 pts) to close the trading day at 1,273.8. The banks sector contributed the most to the index’s rise. Throughout the index, there were 235 gainers, 146 laggards, and 85 stocks that were unchanged. Total trading volume declined compared to the previous trading day to USD662.0mn.

* Five banks were among the top-ten stocks lifting the index. These were VCB (+1.2%), CTG (+0.6%), EIB (+1.9%), OCB (+2.3%), and BID (+0.2%). ACB (-0.6%) and LPB (-0.3%) declined.

* In real estate, VHM (-0.1%) edged down while BCM (+0.9%), KDH (+1.8%), NVL (+0.5%), PDR (+0.9%) posted solid gains.

* Tech company FPT (-1.7%), electrical equipment manufacturer LGC (-6.9%), PLX (-0.7%), securities company SSI (-0.6%), and food & beverage conglomerate MSN (-0.3%) were among the top-ten stocks putting downward pressure on the index.

* Noteworthy gainers from other sectors included airline HVN (+3.8%), logistics company VTP (+3.7%), steel maker HPG (+0.2%), rubber producer GVR (+0.2%), and fruit farmer HAG (+5.9%).