VCSC Daily - SAB pulls VN-Index up for modest gain - DXG, VNM, HAX
SAB pulls VN-Index up for modest gain. After dropping below 648 in first few minutes of trading, the market quickly recovered into positive territory and then saw little volatility the rest of the session. SAB (+7.0%) jumped on its second day of trading and the brewer is already the fifth largest company by market capitalization, comprising 6.4% of the index. Bottom fishers gobbled up EIB (+6.9%) after the bank fell 32% since May to a record low yesterday.