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VCSC Daily - VCB, banks help VN-Index to advance - POW

Market Commentary

08 Oct 2019

On Tuesday, the VN-Index jumped in afternoon trading to close up by a half of a percent. Markets throughout Asia advanced ahead of high-level trade talks between the US and China that are slated to begin on Thursday. Financial tickers had a positive impact on the index. VCB (+2.8%) was the leading contributor to the day’s gain as it reached an all-time high. In addition, STB (+4.7%) surged to a 10-week high while BID (+1.7%), TCB (+1.7%), CTG (+1.0%) and MBB (+1.3%) also increased.

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