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VCSC Daily - VN-Index declines further on weak turnover - GEG, NT2, VEA


* GEG: Seeking shareholders’ opinion for preferred stock private placement 

* NT2: Announcement of cash dividend payment, strong earnings momentum in H2 

* VEA: Payment date for FY2021 cash dividend of VND4,494/share announced 

* Market wrap: VN-Index declines further on weak turnover 

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Market wrap: VN-Index declines further on weak turnover 


The VN-Index had fluctuated in a narrow range around its previous close before ending with a 0.67% loss at 1,166.54. Trading turnover on the HOSE dropped to a low level relative to recent months at USD447.4mn 


* The real estate sector was the biggest contributor to the VN-Index’s loss, due to declines from VHM, VIC, DXG and NLG.     


* Oil and Gas stocks traded mixed with gains from PVT, PGC and CNG and losses from PLX, PVD and PVS.  


* The banking sector showed divergence in performance as VCB, VPB and CTG fell but BID, HDB, TCB and EIB increased.  


* Power stocks performed well with rallies from NT2, VSH, POW and GEG. 


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