VCSC Daily - Banks wobble on foreign net selling

Banks wobble on foreign net selling. The market opened up the week with yet another disappointing session. As the VNI dipped further down into the negative zone, loss cutting activities created an excess supply of stock on the market. At the same time, the overall negative sentiments subdued the demand side. Consequently, the market finished down almost 8 point (or -1.3%) to close at 575.54 points.