VCSC Daily - VN-Index fell with thin volume - Airlines - DXG, NVL

Market Commentary

08 Jan 2019

The VN-Index dropped by 0.25% to close at 887.44, led by NVL (-6.9%), VNM (-0.8%), PLX (-2%), HPG (-1.7%) and BID (-0.9%). Liquidity remains at a low level with a trading value of USD117mn. NVL floored due to net selling pressure of foreign investors (USD1.1mn) following its land conversion issue (please see our comments in yesterday’s ‘Vietnam Today’ for details). Some Oil & Gas tickers, including GAS (+2.3%) and PVD (+3.4%) outperformed the market amid the recent recovery in the Bren

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