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VCSC Daily - VN-Index surges on back of global crude oil rally - MWG

Market Commentary

17 May 2016

The VN-Index jumped for a second day as energy stocks led the market higher. The index rose 8.97 points, or 1.5%, to 624.75 and is now up 20% from its January lows. GAS (+6.3%), which has almost doubled in four months, was the market's biggest contributor while PVD (+6.7%) and PVS (+3.3%) also posted strong gains after Brent crude traded above USD49/bbl on Tuesday at a six-month high.
Tags: MWG

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