VCSC Daily - Stocks break out of doldrums - DHG, DQC, GTN, TLG

Contact us for a free consultation: (+84) 2 8888 2 6868

The VN-Index rose Wednesday after four days of sideways trading and now stands within about half a percent of a fresh nine-year high. VNM (+2.4%) advanced on strong foreign buying while DHG (+3.8%) reached a record high and is up 56% year to date after announcing the record date on a bonus share issuance. TCM (+2.9%) jumped to a 14-month high and has doubled since the beginning of the year. We raised the textile firm to OUTPERFORM yesterday.