* Power Sector: Retail electricity price increases by 4.8%, effective from October 11
* VEA: Solid 6% YoY growth of passenger car sales volume in 9M 2024
* VHC: Sales growth increases 6% YoY in September
* VHM: Company announces execution timeline to repurchase 370 million treasury shares (8.5% of current O/S)
* Securities Sector: High beta market proxies at reasonable valuations
* Market wrap: VN-Index ticks up 0.2%, led by real estate

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Market wrap: VN-Index ticks up 0.2%, led by real estate

The VN-Index ticked up 0.2% (+2.0 pts) on Friday to close the trading day at 1,288.4. The real estate sector led the index’s rise. Throughout the index, there were 195 gainers, 160 laggards, and 80 stocks that were unchanged. Total trading volume plummeted compared to the previous trading day to USD531.9mn.

* Large-cap real estate stocks VHM (+3.4%), VIC (+0.97%), VRE (+2.98%), and PDR (+2.2%) surged. BCM (0.0%) and KDH (0.0%) saw no change.  

* In the banks sector, VCB (-0.4%), BID (-0.7%), TCB (-0.4%), and LPB (-1.4%) declined. CTG (+0.3%), VPB (+0.7%), and MBB (+0.2%) gained.  

* Notable gainers from other sectors included food & beverage conglomerate MSN (+1.4%), securities company HCM (+2.6%), logistics company VTP (+4.5%), airline VJC (+2.7%), and oil & gas company PLX (+0.5%).

* Some of the stocks that had a marked negative impact on the index were tech company FPT (-1.5%), retailer MWG (-0.8%), utility company POW (-2.3%), and rubber producer GVR (-0.4%).

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