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VCSC Daily - Stocks drop to finish week - VTP, FPT, FRT, HPG, NT2, PVT, STK

Market Commentary

14 Aug 2020

The VN-Index fell a half of a percent on Friday while trading turnover on HOSE jumped to USD222.8mn. Nevertheless, the VN-Index posted its second consecutive weekly gain as it gained 1.1% for the week. Banks were mixed on the day. VCB (-1.2%), BID (-1.6%), CTG (-1.0%) and VPB (-1.6%) all declined. Conversely, MBB (+1.2%), EIB (+1.8%) and HDB (+1.1%) were among the day’s top contributing gainers. In the consumer sector, SAB (+1.1%) and MWG (+1.1%) both reached three-week highs.

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