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VCSC Daily - Shares slide, led by VIC - FPT, TCB, TDM, PLX, NVL, POW, PVS, CVT

Market Commentary

18 Aug 2020

The VN-Index closed down by four tenths of a percent on Tuesday as liquidity on HOSE reached a tepid level of USD170.6mn. Conglomerate VIC (-1.4%) sank to a three-week low and was the leading contributor to the day’s loss. In addition, Vingroup subsidiary VRE (-1.5%) declined for the second day in a row. Several food and beverage manufacturers fell, including VNM (-1.2%), SAB (-1.7%) and MSN (-1.1%). Banks BID (-0.8%) and CTG (-1.3%) were both among the day’s top contributing decline

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