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VCSC Daily - Stock slump reaches third day - Macro Update - PVD, PVS, QNS

The VN-Index sold off for a third straight day, closing down one percent. After surging 13.5% in November, the index has dropped 31 points since Monday's close, or 3.2%. VNM (-4.6%) was the main culprit for today's pullback, accounting for almost five points of the index's loss. VNM suffered its biggest one-day loss of 2017 and has slid 8.4% over the last three days after jumping 31% during the previous month.