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VCSC Daily - Stocks extend pullback, PLX, BHN lead laggards - CII, NT2, BID, DRC, FPT, GAS, STB

Market Commentary

24 Jul 2017

The VN-Index dropped for a sixth day out of the last seven to a six-week low on Monday, giving up 0.3% at the close. Trading volume in HCMC tumbled to USD132 million, below the one-year daily average. PLX (-3.8%) was the largest contributor to the loss amid no apparent news catalyst. HT1 (-5.6%) dropped to a five-month low and has slumped 21% over the last three weeks. The firm announced on Friday that H1 2017 revenue rose 3% and NPAT-MI fell 40% vs H1 2016.

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