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VCSC Daily - VN-Index recovered but with low volume - Trade surplus - HVN, VJC, SAB

Market Commentary

12 Jul 2018

The VN-Index recovered slightly today, led by banks. VCB rallied by 2.3% while BID, CTG, MBB rose by more than 4%, which helped the index to close with a 0.6% gain. However, HSX trading volume was just VND2,349 billion (USD102 million), the lowest level since February 2, 2017. GAS gained by 1.5% with light volume to out-perform oil and gas tickers, which mostly declined following last night's big drop of Brent oil's price due to trade war's tension and announcements that Libya and Saudi Arabia

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