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VCSC Daily - Shares drop to near one-year low - HDB, KBC, PC1, VJC, VRE, VTP

Market Commentary

31 Jan 2020

Concern regarding coronavirus continued to have a negative impact on the VN-Index as it dropped 2.4% on Friday to a 50-week low of 936.62 points. In the Tet-shortened week’s two days of trading, the index plunged 5.3%. In addition, the index declined for the third consecutive month as it fell 2.5% in January. VNM (-7.0%) was the leading contributor to the day’s loss as it plummeted to a 34-month low.Airlines VJC (-7.0%) and HVN (-6.9%) experienced steep declines

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