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VCSC Daily - Market falls as investor sentiment hurt - Fixed Income - HDB, STB

Market Commentary

12 Jun 2018

The VN-Index moved down as market sentiment was hurt by news of protests, net foreign selling and domestic ETF outflows. The VN-Index fell below its key support level of 1,030 to seal a 1.76% drop, led by GAS (-5.14%), VHM (-1.7%) and financial stocks, including BID (-4.5%), TCB (-3.7%) and VCB (-1.7%). Trading volume on HOSE jumped by 14.5% from yesterday to USD281 million but was still broadly in line with the one-month average. VIC (+0.1%) outperformed the market

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