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VCSC Daily - Stocks drop again, led by VIC, VNM - ACV, DBC

Market Commentary

06 Sep 2018

The VN-Index fell for a fourth straight day, closing down 1.1% on Thursday. Trading value on HOSE was a tepid USD154mn. VIC (-3.5%) was the biggest contributor to the loss, skidding to a three-month low. Fellow large cap VNM (-2.7%) was also among the top laggards and has slumped 30% in just over five months. Banks also extended a sharp reversal from a rally last month, led by TPB (-7.0%), TCB (-3.4%) and VPB (-3.0%).

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