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VCSC Daily - VN-Index tumbles as number of COVID-19 cases surges - HVN, VJC, PNJ, PTB, VEA, VNM, PPC, QNS

Market Commentary

30 Mar 2020

The VN-Index dropped 4.9% on Monday, breaking a streak of three straight positive sessions. Globally, investors are continuing to weigh the economic impact of the coronavirus pandemic as the number of confirmed COVID-19 cases has surged to more than 724,000 worldwide. VIC (-6.2%) and its subsidiary VHM (-7.0%) were the day’s top two contributing decliners, respectively. Vingroup’s other listed subsidiary, VRE (-6.9%), plummeted after jumping more than 15% in the previous three sessions.

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