Vietcap Daily - VN-Index ticks up 0.7% to close week - VCB, VNM, VSC

* VCB: EGM elects an additional member to the board of directors and approves a resignation from the board of supervisors
* Macro Flash Note: Public sector salary reform to boost GDP growth
* VNM: Lowering GPM forecasts on weaker infant formula milk sales - Update
* VSC: Expanding port operation capacity to drive long-term growth - Company Visit Note
* Market wrap: VN-Index ticks up 0.7% to close week

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Market wrap: VN-Index ticks up 0.7% to close week

The VN-Index closed the week at 1,095.6 points (+0.7%) after falling sharply yesterday. Large-cap stocks in a variety of sectors increased but overall, the session had 381 stocks decline to 146 gainers, while 77 experienced no change. Total trading volume decreased to USD790.7mn.

* Leading banks VCB (+0.6%), BID (+1.5%), VPB (+0.3%), and CTG (+1.4%) rebounded and pushed the market up after falling yesterday. TCB (-1.2%), MBB (-0.3%), and ACB (-0.7%) decreased.

* In the real estate sector VIC (+0.1%) and its subsidiary VHM (+0.3%) edged up.  

* GAS (+0.7%) increased after a significant drop in the previous session, as did steel maker HPG (+2.1%).

* Food & beverage firms VNM (-0.6%) and MSN (-2.4%) declined while SAB (+4.3%) soared.

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