Vietcap Daily - VN-Index slips 0.1%

* 5M resilient economic results
* Energy Sector: Government pushes to accelerate large-scale energy projects; positive for Vietnam’s energy sector, confirms expectations
* Power Sector: Hydropower output rises 53% MoM, CGM prices align with forecast
* GMD: Core PBT growth guidance of 1-12% YoY; weaker than expected – AGM Documents
* SSI: Expanding retail market share in 2025F - Update
* Market wrap: VN-Index slips 0.1%

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Market wrap: VN-Index slips 0.1%

The VN-Index slipped 0.1% (-1.5 pts) on Wednesday to close the trading day at 1,345.7. Most sectors fell, except for consumer goods, industrials, and oil & gas. Across the index, there were 142 gainers, 149 laggards, and 70 unchanged stocks. Total trading volume declined from the previous trading day to USD901.2mn.

* Banks performed poorly. VCB (-0.4%), BID (-0.4%), TCB (-0.8%), CTG (-0.1%), MBB (-0.6%), and VPB (-0.3%) declined, among others. EIB (+6.5%) shot up.

* After two days of strong gains, financial services tickers SSI (-1.2%), VCI (-1.5%), VND (-0.9%), and HCM (-1.1%) dropped.

* Consumer goods stocks VNM (+2.5%), MSN (+1.3%), SAB (+1.2%), PNJ (+1.4%), and DBC (+6.8%) surged.

* Notable laggards in other sectors included real estate company VHM (-0.6%), retailer MWG (-1.8%), utility company GAS (-1.5%), and rubber producer GVR (-1.2%).