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VCSC Daily - Financial stocks lead rebound

Financials lead rebound. The VNI added up nearly 4 point (+1%) to close at 380.9 thanks to limit-up gains in Bao Viet Holdings (BVH), Vietinbank (CTG) and Vietcombank (VCB). The HNI rallied 1.8% to 51.6, in part on a 2.7% gain in Asia Commercial Bank (ACB), the index’ largest constituent. Banking stocks were very active – Military Bank (MBB) and Sacombank (STB) led in value, VND21bn and VND16bn, respectively on the southern bourse.