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VCSC Daily - Banks stay hot ahead of NPL legislation announcement - Gasoline prices - CTD, C32

The VN-Index inched higher on Tuesday to a fresh nine-year high as investors continue to anticipate the National Assembly will announce legislation tomorrow regarding the resolution of bad loans. BID (+2.8%), EIB (+6.5%), CTG (+1.0%), STB (+2.8%) all rose to their highest levels since 2015 and have surged 45%, 46%, 45% and 54%, respectively, so far this year. MBB (+3.1%), which is up 59% year to date, reached a fresh record high.