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VCSC Daily - Stocks retreat for third day as Q3 results fail to impress - Habeco, DXG, VNM, DQC, BID, FPT, GAS

Market Commentary

24 Oct 2016

Stocks retreat for third day as Q3 results fail to impress. The VN-Index fell steadily from the opening bell on Monday to close at the low of the session, off a percent. The drop was the third in a row for the index as investors continue to react poorly to Q3 results. VNM (-2.2%) reported results over the weekend that looked solid to us (see our note below), but the company still got caught up in the day's sell-off.

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