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VCSC Daily - Stocks cool off as financials pull back - GAS, VNM, GTN

Market Commentary

28 Mar 2017

The VN-Index dropped more than half a percent on Tuesday as profit takers stepped in after the market's recent rally. Financials, which helped fuel the recent gains, mostly sold off. MSN (-3.8%) led decliners, reversing a 17% surge between March 7 and 23. Meanwhile, KDH (+6.8%), which has soared 29% year to date, hit its trading ceiling on news that HCMC's Binh Chanh District, where KDH owns 400 ha of land bank, will likely be included into the city's urban core,

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