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VCSC Daily - Hanoi CPI 0.22% MoM, VCB to lower targets

Low CPI number in Hanoi doesn’t help market. The VNI lost 1.2 points to close at 383.9 (-0.3%), led by slight losses in Masan (MSN), Saigon Securities Inc. (SSI), and Vingroup (VIC) while marginal gains in Hoang Anh Gia Lai (HAG), Vietinbank (CTG) and Kinh Do (KDC) offered counter balance. Asia Commercial Bank (ACB) and Saigon Hanoi Bank (SHB) continue to be the highlights on the HNI, dragging the index down 0.9% to 51.4.