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VCSC Daily - Slight profit taking sent Vietnam’s equity sideway, FTSE announced its quarterly rebalance - CTG

Market Commentary

02 Dec 2016

Slight profit taking sent Vietnam’s equity sideway, FTSE announced its quarterly rebalance. The VN-Index retreated a modest 0.2% as investor took profit from the recent stellar performance of consumer and oil and gas tickers. Two of Vietnam’s largest oil and gas tickers GAS (-0.6%) and PVD (-0.9%) saw a slight cut back after closing at their ceilings yesterday. Consumer large-caps VNM (-0.1%) and MSN (-2.5%) were down for the second time as investors continued to take profit.
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