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VCSC Daily - Stocks start off strong before falling in afternoon trading - CII, PVT, TPB

Market Commentary

27 Aug 2019

The VN-Index traded in positive territory for the majority of Tuesday after Wall Street rallied overnight amid news of the US and China wanting to resume trade negotiations. However, the index plunged in the afternoon session to ultimately close down by six tenths of a percent. VIC (-1.8%) was the leading contributor to the day’s loss and has posted three straight negative sessions. Vingroup subsidiary VRE (-1.1%) also fell, while VHM (+0.8%) was the leading contributor among gainers.

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