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VCSC Daily - VN-Index reaches 10-week high on strong day from banks, steel manufacturers - BSR, CII, VRE, KDH, POW, VHM

Market Commentary

19 May 2020

The VN-Index jumped 1.2% on Monday to reach a 10-week high. Large cap stocks performed particularly well as the VN30 Index climbed 1.7% with 24 of its 30 components increasing. Many bank tickers increased. VCB (+3.3%) was the leading contributor to the day’s gain as it reached a 10-week high. In addition, VPB (+5.2%), CTG (+2.1%), TCB (+2.0%) and BID (+1.9%) were among the session’s top 10 contributing gainers. On the other hand, TPB (-1.6%) experienced its first negative session since April

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