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VCSC Daily - Stocks decline for second straight day, led by VCB and MSN - MSN, VIC, VHM, MML

Market Commentary

03 Dec 2019

On Tuesday, the VN-Index dropped for the second day in a row as it fell six tenths of a percent. The index has been in a downtrend since November 7, declining in 14 out of 19 sessions. Trading value surged to USD341.7mn, well above the one-month average of USD208.7mn, which was mainly due to put-through transactions for 30.56 million VHM shares worth USD122.1mn. MSN (-7.0%) plummeted to the daily trading floor following news that it will absorb Vingroup’s retail and agriculture arms.

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