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VCSC Daily - VN-Index climbs back on bottom fishing - SCS, PVT, REE, TLG, VNM, VRE, DBC

Market Commentary

28 Jul 2020

The VN-Index rebounded 3.6% on Tuesday as investors snapped up stocks that were hit hard after Monday’s 5.3% plunge. VHM (+6.9%) surged to the daily trading ceiling and was the leading contributor to the day’s gain. Dairy manufacturer VNM (+6.3%) bounced back after dropping more than 9% over the previous two sessions. In addition, brewer SAB (+4.0%) snapped a seven-session losing streak. Banks were up across the board, led by BID (+6.5%), VCB (+1.9%), CTG (+4.8%), MBB (+6.2%)

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