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VCSC Daily - Snap-back rally breaks five-day slump - VNM

Market Commentary

19 Sep 2016

Snap-back rally breaks five-day slump. After falling every day last week for a 2.3% sell-off, the VN-Index traded in the green all session Monday and closed just below the high of the day, up 6.58 points, or 1.0%, to 657.89. VCB (+4.7%) was the biggest contributor to the upswing, followed by MSN (+4.6%), BVH (+4.8%), GAS (+1.3%) and HPG (+2.5%), which reached a record high after an 80% run year to date. On the negative side, VNM (-1.5%) continued its pullback and is down 13% so far this month.
Tags: VNM

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