VCSC Daily - Stocks drop in final hour of trading

Market Commentary

03 Jan 2020

The VN-Index was up for most of Friday’s session until a sharp decline in the final hour of trading caused the index to finish the day down two tenths of a percent. For the week, the index gained two tenths of a percent. Banks reversed course following their strong performance on Thursday. VCB (-1.0%) was the leading contributor to the day’s loss while BID (-0.4%), CTG (-0.9%) and TCB (-0.6%) also declined. EIB (-2.5%) declined for the second day in a row. After hitting a two-month hig

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