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Vietcap Daily - VN-Index slips 0.1% - SCS

Market Commentary

26 Jun 2025

* National Assembly approves tuition exemption for public school students nationwide

* National Assembly approves extension of agricultural land use tax exemption

* SCS: PBT guided to grow 10% YoY amid external headwinds - AGM Note

* Market wrap: VN-Index slips 0.1%

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Market wrap: VN-Index slips 0.1%

The VN-Index slipped 0.1% (-1.1 pts) on Thursday to close the trading day at 1,365.7. The real estate sector had the most negative impact on the market. Across the index, there were 138 gainers, 154 laggards, and 54 unchanged stocks. Total trading volume declined from the previous trading day to USD735.1mn. 

* Real estate tickers VHM (-2.4%), VIC (-0.8%), VRE (-0.6%), and KDH (-2.5%) drove the sector’s net loss. In contrast, NVL (+1.7%) and KBC (+2.7%) surged.  

* Performance was mixed among banks, as VCB (-0.4%), BID (-0.4%), VPB (-0.3%), and ACB (-0.2%) declined, and TCB (+0.7%), CTG (+0.5%), and MBB (+1.2%) gained. LPB and STB were unchanged.  

* Notable laggards in other sectors included rubber producer GVR (-0.9%), milk producer VNM (-0.7%), retailer MWG (-0.8%), and oil & gas company PLX (-0.7%).  

* Food & beverage conglomerate MSN (+2.4%), utility company GAS (+1.5%), steelmaker HPG (+0.7%), airline HVN (+1.1%), and retailers FRT (+1.2%) and DGW (+4.8%) were among the standout gainers.

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