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VCSC Daily - VN-Index plummets 4.3% - DGC, DRC, HT1, PHR, SCS, STK

Market Commentary

20 Jul 2021

The VN-Index plunged 4.3% on Monday, sinking to a 10-week low with every sector experiencing heavy losses as the continuing escalation of COVID-19 in Vietnam as well as declines in regional markets had a negative impact on investor sentiment. Banks were down across the board, led by VCB (-5.4%), TCB (-7.0%), BID (-6.7%), VPB (-7.0%) and CTG (-6.9%). VHM (-4.3%) dropped to a six-week low while its parent company VIC (-2.7%) returned to its downtrend following a 3.7% increase last Friday

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