VCSC Daily - VN-Index closes lower after touching 10-month intraday high - Macro Update

Market Commentary

12 May 2016

The VN-Index was in positive territory most of Thursday, reaching above 617, its highest in intraday trading since July 2015. However, a slump in the last hour of the session left the index down 1.94 points, or 0.3%, to close at 612.12, the low for the day. The largest contributors to the drop were VCB (-2.0%), VNM (-0.7%), CTG (-1.7%), HPG (-1.5%) and MBB (-1.3%).

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