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VCSC Daily - Stocks flat; PVD surges on rig contracts - FDI - GAS, PC1

The VN-Index fell for a fifth day in six on Tuesday, but only just, closing down less than a tenth of a percent. Trading value on HOSE slid to USD162mn. VIC (-1.3%) was the top contributor to the day’s small loss, followed by GAS (-1.1%) and VRE (-1.4%). VIC subsidiary VHM (+1.0%) led gainers, along with SAB (+0.8%) and MSN (+1.1%). PVD (+3.9%) jumped after the company said two of its jack-up rigs won drilling contracts in Malaysia, which was in line with our forecast.