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VCSC Daily - Market falls for second session led by VNM - BID, MWG

Market falls for second session led by VNM. VNM (-2.2%) led the VN-Index lower for a second session on Monday. The index pulled back 1.83 points, or 0.3%, to 620.05 as VNM, which has dropped 7.5% since reaching a record high on May 17, was the top contributor. VIC (-0.9%), CTG (-1.1%) and EIB (-2.5%) also sold-off while MSN (-0.7%) is down 5.5% over the last month and is 1.5% off a six-year low. On the positive side, VCB (+1.1%) and STB (+6.2%) helped stop the index from sliding further.