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VCSC Daily - VN-Index dragged down by VNM, MSN - HPG, NKG, PTB, VHM, VIC, VRE, BMP, QNS, REE, SCS, STB, STK, MWG

Market Commentary

17 May 2021

The VN-Index dropped six tenths of a percent on Monday as investors focused on offloading banking tickers after they rallied last week. Food & beverage manufacturers VNM (-2.6%) and MSN (-3.6%) were the top two contributors to the day’s loss. VIC (-1.0%) fell to its lowest share price since April 1. Conversely, Vingroup subsidiary VHM (+3.7%) was the session’s top contributing gainer. GVR (-3.6%) declined for its third consecutive session. Most banks were down, including VCB

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