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VCSC Daily - Stocks hit three-month low on energy, banks - ACB, TCB, VCB

The VN-Index slid to its lowest level since July on Tuesday, closing down 1.5% for a fourth day of losses. The market has skidded 8.2% in less than three weeks. GAS (-2.3%) was the top contributor to the day’s drop, and the rest of the energy sector also slumped, including PVD (-4.6%), PVS (-2.9%), PVT (-4.3%) and PLX (-4.0%). The price of Brent crude oil fell to a one-month low in Asian trading today. Most banks tumbled, led by VCB (-2.3%), TCB (-3.5%) and CTG (-3.3%). However, MBB