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VCSC Daily - Market slumps on ROS, financials - GAS

Market Commentary

06 Dec 2016

The VN-Index fell more than one percent to a two and a half month low as foreign investors stepped up selling of large-cap names. Financials were hit hardest by the pullback, led by VCB (-2.2%), the index's largest bank by market cap. VCB hit a six-month low today, breaking through support at its 200-day moving average, and is now off 20% from its record high on August 26. CTG (-2.2%) and BID (-3.0%) both dropped to their lowest levels since January 2015,
Tags: GAS

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