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VCSC Daily - Vingroup tickers sink, VN-Index snaps four-day winning streak - NKG, HDB, SAB, VEA

Market Commentary

22 May 2020

The VN-Index snapped a four-day winning streak on Friday, closing down 1.2%, as markets throughout Asia slumped due to rising tensions between the US and China. Large cap stocks particularly had a rough day as the VN30 Index dropped 1.5% with all but one of its 30 components declining. Nevertheless, the index posted its third positive week in a row, increasing 3.1% for the week. Vingroup stocks weighed heavily on the index. VIC (-1.6%) and VHM (-1.9%) were the top two contributors to the

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