VCSC Daily - Stocks surge for second straight day, led by banks, SAB - VNM, TLG

Market Commentary

07 May 2020

The VN-Index climbed 1.8% on Thursday, reaching a near two-month high. Overall, investor sentiment has improved as Vietnam has returned to a state of normalcy following the strict social distancing measures that occurred in April. Several banks experienced big gains, including VCB (+3.1%), BID (+4.3%) and VPB (+2.6%), among others. SAB (+7.0%) soared to the daily trading ceiling. Over the past two days, the brewer’s share price has surged more than 11%. Steel manufacturer HPG (+6

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