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VCSC Daily - Afternoon swoon breaks winning streak - DPM, MBB, PNJ

The VN-Index dropped for the first time this week after a sharp sell-off in the last 90 minutes of trading left the market down a third of a percent at the close. The index was up 0.8% after reaching a fresh nine-year high at 717 before investors began taking profits, especially in financials. CII (+4.8%) jumped to a 10-year high after management yesterday announced it expects 2017 consolidated NPAT-MI to surge 67% vs 2016, 35% more than the previous 2017 target announced in October 2016.