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VCSC Daily - Stocks plunge on profit taking / increased risk sentiment - DQC, GTN, HSG, KBC, PVT

Market Commentary

11 Apr 2018

The VN-Index had its biggest one-day drop in more than two months, closing down 2.6% on Wednesday. The index was in the green until mid-morning before selling accelerated in the afternoon. Given there was no clear news catalyst, the sell-off was likely due to a number of factors. These would include: 1) profit-taking after the index briefly broke through the psychological barrier of 1,200 to hit an all-time high two days ago on the back of a surge of more than 65% YOY;

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