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VCSC Daily - Stocks increase following MSCI update - ACB, FPT

The VN-Index surged in the final 90 minutes of trading on Thursday to close up by 1.2% as investors bought shares after MSCI proposed to raise the weights of Vietnamese stocks in its Frontier Markets Index. VIC (+2.9%) and its subsidiary VHM (+1.4%) were the top two contributors to the day’s gain. CTG (+3.1%) rebounded after a two-day losing streak. Fellow bank BID (+1.4%) climbed to a 19-week high. GAS (+1.9%) snapped a three-session losing streak. Insurer BVH (+4.4%)