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VCSC Daily - VN-Index flat, ending year of solid gains - FPT, GTN, VSC

Market Commentary

30 Dec 2016

Stocks on Friday ended a week of muted volatility, rising just 0.02% and advancing 0.08% for the week. Energy names GAS (+1.5%) and PVD (+2.5%) led gainers today, bolstered by Brent crude oil prices increasing to above USD57/bbl in Asian trading, while MBB (+4.5%) extended a four-day, 6.4% rally off 11-month lows. The index ended December down slightly, its third straight month of losses after eight consecutive months of gains.

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