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VCSC Daily - Quiet Friday, recovery expected next week

Market view: The market closed mixed on thinner trading compared to the previous session. At the close, the VNI was up 0.5% to 392 thanks to rebound in VNM (+1.6%) and MSN (+2.2%). On the other hand, the HNI ticked down 0.3% to 53.7. ACB closed flat despite the bank recognising a loss of VND500 billion in the third quarter. This is largely because the loss has already been made to public earlier by the ex-Chairman of the bank. Turnover dropped by quarter to only VND591 billion.