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VCSC Daily - Vingroup stocks plunge, VN-Index sinks for fourth consecutive session - DHC, VEA, VTP

Market Commentary

24 Mar 2020

Despite most Asian markets increasing in response to stimulus efforts to combat the economic impact of the coronavirus outbreak, the VN-Index dropped 1.1% on Tuesday, extending its losing streak to four sessions. The index finished closed at 659.21, which is its lowest level since August 23, 2016. For the second day in a row, VIC (-6.9%) was the leading contributing decliner. In addition, VHM (-6.9%) and VRE (-6.8%) both fell to the daily trading floor for the third consecutive session.

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