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VCSC Daily - Stocks higher as MWG, PNJ lead retailers

Market Commentary

10 Oct 2017

The VN-Index was in negative territory on Tuesday until the final hour of trading, when strong buying pushed the market up two tenths of a percent at the close. The index rose for a third day in a row to reach its highest level since February 2008. Consumer discretionary was the best performing sector today amid expectations of strong Q3 results later this month. MWG (+3.9%) led gainers, jumping to a record high and extending a 60% surge so far this year, while PNJ (+2.3%) also advanced.

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