VCSC Daily - VN-Index slumps to 29-month low - Trade surplus - BSR, MWG, PNJ, TCB, TPB

Market Commentary

11 Mar 2020

On Wednesday, the VN-Index fell 3.1% to close at 811.35 — its lowest level since October 10, 2017. Markets throughout Asia were mostly down despite overnight gains on Wall Street as the Trump administration is considering a fiscal stimulus package to lessen the economic impact of the coronavirus outbreak. BID (-7.0%) was the leading contributor to the day’s loss; so far this week, the bank’s share price has plummeted nearly 16%. Other banks suffered, including VCB (-3.6%), CTG (-5.3%), TCB

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