VCSC Daily - Stocks rebound to 11-year high - Macro Update

Market Commentary

08 Mar 2018

The VN-Index bounced back from yesterday's pullback, jumping 1.1% to its highest level since March 2007. VIC (+4.7%) led gainers, extending a 32% surge over the last month to a record high amid investor speculation that the property developer plans to spin off its Vinhomes unit. VPB (+5.0%) rose to a record high on the first day the bank's shares could be traded on margin, six months after listing on HOSE.

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