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VCSC Daily - Financial stocks lift the VN-Index - Macro Update

The VN-Index rose by 1.08% today to 896.99 as most banks rallied, including BID (+3.1%), VCB (+1.5%), TCB (+2.8%), CTG (+2.5%) and MBB (+2.7%). Trading value at the HSX increased by 11.5% from yesterday to USD130mn. Real estate tickers VRE (+5.3%) and DXG (+4.9%) soared. NVL reversed from its floor price at VND53,700 to close with a 1.9% gain. Oil & Gas tickers, including GAS (+1.8%), PVD (+2%) and PVT (+0.9%) kept moving forward, in line with the trend of the price of Brent crude oil.