VCSC Daily - Stocks extend post-Tet rally - MWG, ACB, KDH, MSN, POW, QNS

Market Commentary

22 Feb 2019

The VN-Index rose for a ninth day in ten on Friday, closing up a tenth of a percent. The index rose every day this week for a 4.0% increase following a 4.7% jump last week after the week-long Tet holiday. VCB (+3.2%) was the top contributor to the day’s small gain and most other banks also rose, including CTG (+3.4%), MBB (+1.8%), TCB (+0.7%) and HDB (+1.0%). VHM (-3.7%) and VIC (-1.2%) pulled back after leading the index’s rally over the last two weeks.

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