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VCSC Daily - Break out session - Masan Resources, HT1, DHC

Market Commentary

22 Jul 2015

A rally in blue-chips VCB, HPG, MSN, VNM lifted the VNI by 2.1% to 629.85pts (+2.1%). The HNI notched a slightly higher gain of 2.4% to closed at 87.0 pts (+2.4%). Today’s breakout session reverses a prolong slide due to weak sentiment amid strong profit-taking over the last several days. Bank stocks VCB (+5.7%), BID (+5.6%), CTG (+3.6%) lead the gains in financial stocks. Insurance companies also followed suit with the exception of BVH (-5.3%).

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