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VCSC Daily - VN-Index climbs, led by Vingroup tickers - AST, BID, BVH, CII, GMD, HDB, KBC, MSN, MWG, NKG, POW, PVD, SAB, VEA, VIC

Market Commentary

31 Jul 2020

The VN-Index continued its up-and-down week, gaining 1.3% on Thursday as investor sentiment was boosted by Vietnam taking strong action against the recent re-emergence of COVID-19 in the country. Trading turnover on HOSE was meager at just USD137.9mn — well below the one-month average of USD204.0mn. VHM (+3.5%) and its parent company VIC (+1.9%) were the top two contributors to the day’s gain. Vingroup subsidiary VRE (+1.6%) also increased. Most banks climbed, including CTG (+3.1%)

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