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VCSC Daily - Energy, VIC help extend rally - DHG, VNM, AST, MWG, TCB

Market Commentary

18 Feb 2019

Market wrap: Energy, VIC help extend rally. After pausing Friday, the VN-Index extended its recent rally, jumping 1.1% on Monday to a four-month high. The index, which has climbed 5.7% over the last six sessions, also broke above its 200-day moving average for the first time since June. GAS (+3.4%) was the top contributor to the day’s gain. Fellow energy tickers PLX (+4.1%), PVD (+4.7%) and PVS (+3.1%) also surged amid solid Q4 2018 results and higher global crude oil prices.

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