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VCSC Daily - Stocks fall, led by VCB - GMD

The VN-Index pulled back from an earlier rally to close at 985.75 with a 0.47% loss. The majority of stocks on the HOSE fell, including 20 tickers in the VN30 index basket. VCB (-2.5%) was the leading contributor to the day’s loss. Other banks such as TCB (-2.2%), BID (-0.9%) and TPB (-0.7%) also declined. MWG (-2%) and FPT (-2.9%) fell sharply from their all-time highs at VND127,800 and VND58,800 respectively. HPG fell by 2.9% and recorded a third consecutive day of declines.