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VCSC Daily - Large caps, banks lead stocks to third day of gains - HPG, MWG, NKG, VJC, HVN, TCB, OIL, GTN, HDB, KBC, NVL, QNS, REE

Market Commentary

30 Jul 2018

Market wrap: Large caps, banks lead stocks to third day of gains. The VN-Index advanced for a third day of gains, closing up 1.5% on Monday to its highest level of the month. Trading value on HOSE was moderate at USD164mn. Strong gains among large-cap tickers VHM (+4.3%), GAS (+2.5%) and VJC (+5.1%) were the top contributors to the day's gain. Banks also outperformed, led by BID (+6.1%), which has soared 22% since July 5, along with VCB (+1.4%), VPB (+3.4%) and HDB (+5.4%).

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