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VCSC Daily - Stocks drop in afternoon, snapping two-day winning streak - Aviation

The VN-Index fell 1.3% on Wednesday due to sharp sell-off in afternoon trading as investors took profits after several companies revised their 2020 business targets. Trading value on HOSE jumped to USD287.3mn, which is above the one-month average of USD235.5mn. After surging in Tuesday’s session, BID (-5.2%) retreated and was the leading contributor to the day’s loss. Several other banks also declined, including CTG (-3.2%), VPB (-4.8%) and TCB (-1.2%). Meanwhile, VCB (+0.5%) was the top co