VCSC Daily - VN-Index falls after US Treasury’s announcement - GMD, GVR

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On Thursday, the VN-Index suffered its largest daily loss since November 16, dropping 1.4% as investor sentiment dampened following the US Treasury’s announcement labeling Vietnam as a currency manipulator. Trading liquidity on HOSE soared to USD628.4mn — significantly above the one-month average of USD486.8mn. VCB (-3.9%) was the top contributor to the day’s loss. Fellow banks BID (-2.1%) and CTG (-2.3%) also declined. Conversely, TCB (+1.4%), TPB (+3.5%), VPB (+1.0%), HDB (+1.6%) and VIB