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Vietcap Daily - VN-Index edges down 0.1% - KDH, PVS

Market Commentary

10 Feb 2026

* KDH to acquire new land bank in eastern HCMC, providing potential valuation upside

* PVS: FPSO PTSC Lam Son extends contract, suggesting slight potential upside for 2027 earnings

* Market wrap: VN-Index edges down 0.1%

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Market wrap: VN-Index edges down 0.1%

The VN-Index edged down 0.1% (-0.8 pts) on Tuesday to close the trading day at 1,754.0. Strong gains in Real Estate counteracted heavy losses in Oil & Gas, Utilities, Basic Materials, and Banking, among others. Across the index, there were 95 gainers, 209 laggards, and 67 unchanged stocks. Total trading volume sharply increased compared to the previous trading day to USD1.1bn.

* Real Estate tickers VIC (+7.0%), VHM (+6.6%), KDH (+4.0%), and VRE (+2.7%) jumped.

* Oil & Gas stocks BSR (-6.3%), PLX (-7.0%), and PVD (-4.6%) dropped.

* In Utilities, GAS (-6.9%), POW (-3.7%), and REE (-1.5%) plunged. 

* Notable laggards in other sectors included banks BID (-6.9%) and VCB (-2.9%), rubber producer GVR (-7.0%), tech company FPT (-1.2%), Consumer Goods tickers MCH (-1.5%), VNM (-1.7%), MSN (-1.8%), and SAB (-2.2%), and airline VJC (-1.2%), and securities firm TCX (-1.3%). 

* Standout gainers included securities firm VCK (+6.9%), bank MBB (+0.9%), hospitality company VPL (+1.8%), and Industrials firms GEE (+2.3%) and GEX (+1.7%).

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