Vietcap Daily - Banking stocks weigh on VN-Index - DXG, BSR, PVD, VCB, VIC, SAB

* DXG’s AGM Documents: Additional proposals regarding plans for private placement, rights issuance and ESOP

* BSR: Higher volumes but lower crack spreads – Update

* PVD: Domestic exploration & production to rebound in 2024 – Update

* VCB: Focusing on credit quality rather than growth in 2023 – Update

* VIC: Intensive focus on VinFast’s development – AGM Note

* SAB: Management continues to expect recovery in H2 2023 – Analyst Meeting Note

* Market wrap: Banking stocks weigh on VN-Index

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Market wrap: Banking stocks weigh on VN-Index

The VN-Index fell by five-tenths of a percent on Wednesday as selling pressure was focused in the banking sector.

* Banks VPB (-2.0%), CTG (-1.6%), TCB (-1.8%) and MBB (-1.9%) were the top four contributors to the day’s loss. TPB (-2.5%) also fell.

* VHM (+2.3%) has jumped 8.6% over the last four trading sessions. Meanwhile, fellow Vingroup subsidiary VRE (-1.8%) finished lower.

* Other notable decliners included VNM (-1.0%) and HPG (-0.9%).

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