VCSC Daily - Bank stocks weigh on market

Market Commentary

01 Nov 2012

Bank stocks weigh on market. A 3.8% drop in Eximbank (EIB) with 19.4 million shares traded in block deal combined with a 0.9% loss in Vietcombank (VCB) removed 0.78 points from the VNI. Asia Commercial Bank (ACB) and Saigon-Hanoi Bank (SHB) shaved 0.23 points from the HN Index; ACB lost 0.7% while SHB lost 5.6%. Military Bank (MBB) was a notable exception.

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