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VCSC Daily - 2017 rally stalls for second day - FDI - MSN, MWG

Market Commentary

23 Feb 2017

After extending an 8% rally so far this year to a nine-year high on Tuesday, the VN-Index has traded sideways for the last two days, closing down today less than a tenth of a percent. Two stocks in our coverage universe, CII (+6.1%) and GTN (+6.8%), jumped today amid a lack of fundamental news. CII hit a fresh record high and has soared 24% over the last two weeks while GTN reached a six-month high after surging 18% so far this week.

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