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VCSC Daily - Investors dump export stocks as TPP stalls - PMI - BIDV

Investors dump export stocks as TPP stalls. The VNI was down 1.9% to 609.5 as TPP talks broke down last weekend. Investors reversed their bets on export-related stocks down such as fisheries VHC (-4.4%) and HVG (-6.9%) and garment maker TCM (-7.0%). The negative sentiment on TPP spilled over to other stocks. Laggards tripled gainers on both bourses. The VN30, VNMidCap and VNSmallCap indices fell 1.6%, 1.6% and 0.9% respectively.