VCSC Daily - Bank hot streak pushes VN-Index higher - NVL

Market Commentary

07 Jun 2017

Stocks rose for a third day this week on Wednesday supported by continuing positive sentiment around the PM's trips to the US and Japan. Most banks continued their recent rally, supported by investor expectation that the recent Draft Amended Law of Credit Institutions and Draft Resolution submitted to the National Assembly will help credit institutions resolve their collateral more effectively. We note that these were actually submitted late last month but have received recent attention
Tags: NVL

Contact us for a research access: (+84) 2 8888 2 6868