Vietcap Daily - VN-Index edges down 0.4% as large-cap stocks across sectors falter - DXG, STB, PAN

* DXG: SSC approves the company’s rights issuance plan for 101.7 million shares (16.7% of current O/S) to existing shareholders

* STB: NIM rebound to counteract high credit costs in 2024 - Update

* PAN: Entering a high-growth phase - Company Visit Note

* Market wrap: VN-Index edges down 0.4% as large-cap stocks across sectors falter

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Market wrap: VN-Index edges down 0.4% as large-cap stocks across sectors falter

On Tuesday, the VN-Index edged down 0.4% (-4.5 pts) to close at 1,115.9. Large-cap stocks were down across sectors, most notably in banking, real estate, and food & beverage. Total trading volume dropped to USD704.3mn.  

* Banks VCB (-0.7%), BID (-0.4%), VPB (-1.8%), CTG (-0.2%), and TCB (-0.5%) significantly affected the market. MBB (0.0%) was unchanged.  

* Real estate player VIC (-0.4%) and its subsidiaries VHM (-1.9%) and VRE (-0.7%) declined while BCM (6.9%) shot up.  

* In food & beverage, VNM (-1.0%), MSN (-1.3%), and SAB (-1.1%) fell. This was the fourth consecutive session in which SAB’s share price did not increase.  

* GAS (0.0%) was unchanged and steel maker HPG (-0.9%) decreased. Technology firm FPT (+1.3%) has gained in six straight sessions. 

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