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VCSC Daily - Market loses momentum, big real estate drive the VN-Index - Tourism Sector Update

Market Commentary

12 Jun 2017

Market wrap: Market loses momentum, big real estate drive the VN-Index The VN-Index inched up but trading volume of $194 million was down nearly 25% from the 1-month average. MVIS Vietnam Index (VanEck Vectors Vietnam ETF underlying index) will add ROS (+6.9%) into its stock basket while removing PVD (-4.1%) and PVS (+0.0%). Investors also sold-off steel makers HPG (-1.8%), HSG (-2.8%), and NKG (-5.1%). Tire makers CSM (+5.8%) and DRC (+5.7%) soared with higher volume.

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