VCSC Daily - Stocks sink on new COVID-19 cases - QNS, FPT, HND, HPG

Market Commentary

08 Feb 2021

The VN-Index dropped 3.9% on Monday, snapping a four-session winning streak, as investors sold shares following an uptick of COVID-19 cases as well as in anticipation for the upcoming Tet Holiday. VIC (-6.0%) plunged and was the top contributor to the day’s loss. In addition, Vingroup subsidiary VHM (-4.6%) fell after gaining 12.5% over the previous four trading sessions. The banking sector experienced steep declines, led by VCB (-5.9%), BID (-4.1%) and CTG (-4.9%). Food & beverage

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