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VCSC Daily - Stocks snap five-session winning streak - FPT, KDH

Market Commentary

06 May 2021

The VN-Index snapped a five-session winning streak on Thursday, falling a half of a percent as investors were startled by recent COVID-19 cases in Vietnam. It was a mixed day for banks. VCB (-1.9%) was the top contributor to the day’s loss. BID (-1.5%), CTG (-1.0%) and ACB (-1.4%) also declined. Conversely, VIB (+6.4%), TCB (+2.5%), VPB (+2.0%) and SSB (+3.4%) increased. Consumer stocks VNM (-2.6%) and SAB (-2.7%) slumped to 12-month and 14-month lows, respectively. VIC (-0.9%)

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