* MWG’s preliminary 11M 2024 results: TGDD & DMX’s sales slightly exceeded expectation; BHX’s sales/store softened to VND2.0bn in November
* FRT: Strong earnings growth driven by profitability enhancement - Update
* Market wrap: VN-Index surges 1.09% led by large-cap stocks

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Market wrap: VN-Index surges 1.09% led by large-cap stocks

The VN-Index surged 1.09% (+13.68 pts) to close the trading day at 1,274.04. The banking sector was the market leader thanks to the strength of CTG and STB. Additionally, the materials and real estate sectors contributed positively. Throughout the index, the number of gainers (326) far outpaced the laggards (92). Total trading value rose 18% compared to the previous trading day to USD740mn.  

* In banking sector, CTG (+5.5%), BID (+1.4%), TCB (+1.9%), and STB (+4.5%) advanced while EIB (-0.5%) declined.    

* Across basic materials sectors, HPG (+1.7%), GVR (+1.3%), DGC (+0.4%), and HSG (+1.6%) showed gains while CSV (-1.9%), DCM (-0.4%), DPM (-0.4%), and HRC (-4.8%) posed losses.

* In the real estate sector, buying activity focused on large-cap stocks, such as BCM (+2.1%), VHM (+0.6%), and VRE (+1.5%), while DXG (-0.9%), VPI (-0.8%), TIX (-5.0%), and KDH (-0.1%) underperformed.    

* Financial services also showed positive momentum with SSI (+2.3%), HCM (+2.1%), VND (+2.0%), and VCI (+1.2%).  

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