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VCSC Daily - VN-Index jumps following rise of global markets - ACV, MWG, VEA, VIC, ACB, PVD, VPB

Market Commentary

19 May 2020

The VN-Index climbed 1.1% on Tuesday following big gains on Wall Street overnight amid news of positive early results for a potential coronavirus vaccine. Trading value on HOSE surged to USD345mn. VHM (+1.81%) was the day’s top contributing gainer. Fellow Vingroup subsidiary VRE (+1.4%) climbed for its third session in a row. Meanwhile, parent company VIC finished the day unchanged. HPG (+4.2%) surged for the second straight day, reaching a 17-week high.

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