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VCSC Daily - VN-Index slumps to five-week low - PLX, TDM, VIB

Market Commentary

24 Mar 2021

The VN-Index plunged 1.8% on Wednesday, slumping to a five-week low as investors offloaded shares due to the index being unable to surpass its all-time high after closing at 1,200 points on March 18. Banks continued their downtrend, led by BID (-3.5%), CTG (-3.7%), VCB (-1.1%) and TCB (-2.8%). Conversely, SSB (+19.9%) skyrocketed in its HOSE debut while MSB (+2.4%) snapped a three-session losing streak. Among Vingroup tickers, VHM (-1.5%) and VRE (-2.2%) fell. Meanwhile, parent company

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