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VCSC Daily - Investor sentiment improves on HCM and Hanoi January CPI coming under 1% M-o-M – Market will close in the next five trading days

The markets looked to extend yesterday’s big rally but ended flat on the last trading day before the Year of the Dragon. Trading value increased two-fold thanks to a large block-trade of VIC shares worth around 300bn that pushed total trading value on the Southern bourse to VND662bn. The VNIndex ended down just 0.1% to 373 ending a nine-day winning streak. Nevertheless, the index is up 5.3% over last week and up almost 11% since the recent two-week low. In contrast, the HNXIndex managed to stay