VCSC Daily - Market slowly approach level of 720, aggressive sales on PVD - BVH, PVT, VJC, NT2, GTN, NVL, PVS, VNM, VGC

Market Commentary

03 May 2017

The VN-Index increased a mere 0.25%, attempting to challenge its previous resistance at 720. Trading volume increased 15.8% comparing to 1-week average. Financial stocks as MBB (+6.3%), VCB (+1.1%), and BVH (+2.1%) contributed positive movement to the market. Forward moves were partly offset by aggressive sales on PVD (-6.8%) as the stock hit its floor price after the market receiving its negative earnings results.

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