VCSC Daily - Morning gain erased following announcement of social distancing campaign - HDB, PTB, PVD, VPB, STK

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The VN-Index was up 2.4% by the conclusion of the morning trading session on Tuesday. However, following the Prime Minister’s announcement that Vietnam would begin a 15-day nationwide social distancing campaign beginning Wednesday to combat the spread of COVID-19, the index slumped in the afternoon to ultimately finish the day up less than one tenth of a percent. In the month of March, the VN-Index fell 24.9%. Additionally, the VN-Index plunged 31.1% in the first quarter of 2020.