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VCSC Daily - Both markets make new lows – Update on HPG

Global market gyrations and lack of supportive news domestically saw both markets make new lows. For the week the HSX lost 16.68 points (-4.2%). Closing at 379.62 on rising selling pressure, the VNIndex ended below the bottom set last August to a new low not seen since May 2009. MSN going floor alone removed 2.27 points from the index while VPL, BVH, VIC, HAG additionally removed 2 points. The HNX, which has been in uncharted territory since the beginning of the week, lost 0.7 points to 62.88