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VCSC Daily - Large caps drag stocks lower - EU-Vietnam FTA - NT2, SCS, VCB, FPT

Market Commentary

18 Oct 2018

The VN-Index dropped eight tenths of a percent on Thursday, erasing yesterday’s gain. Trading value on HOSE slid to USD142mn. Large caps struggled to find their footing with GAS (-2.2%), VCB (-2.0%), VHM (-1.1%), CTG (-1.8%) and VNM (-0.7%) the top contributors to the day’s pullback. YEG (+4.2%) jumped to its highest level since July after extending a 23% surge over the last four sessions amid no apparent news catalyst.

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