VCSC Daily - Housekeeping after ETF bash helps reduced today's downside - FPT, MWG
Housekeeping after ETF bash helps reduced today's downside. Large caps, especially the ones most affected by last Friday's ETF sell off, rebounded beautifully and managed to win back some of Friday's points lost with VIC and VCB up 3.8% and 3.2%, respectively. However, the weight of large laggards such as VNM (-2.3%), MSN (-4.2%) and BID (-2.8%) anchored the VNI in the negative zone. Ultimately, the VNI closed down 1.28 points to 566.9 points.