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VCSC Daily - Rally on the back of bank stocks - EIB - MWG

Market Commentary

15 Dec 2015

Rally on the back of bank stocks. As Vietnam’s largest listed bank, VCB rise today turned heads as it surged almost 4% as foreigners net bought more than USD 350,000 – today’s second largest foreign uptake. Meanwhile, SSI, which was net bought the most by foreigners, saw a milder upside, gaining only 1%. On the other side of the spectrum, VIC witness the largest foreign sell-off as the majority of these transactions were put through, though VIC was left unscarred and appreciated a modest 0.5%.

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