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VCSC Daily - Stocks rebound on late large-cap rally - PLX, PNJ, NVL, ANV

The VN-Index bounced back from yesterday's sell-off to close up one percent on Wednesday and has risen nine of the last 10 days. Trading value on HOSE sank to USD171mn, well below the average daily volume of the last month of USD286mn. Large caps helped fuel an afternoon rally into the close, led by VIC (+2.9%), GAS (+4.8%), VCB (+3.3%) and PLX (+3.4%). PNJ (-2.0%) fell after local media reported that a recent board member had been prosecuted (see our note above for more details).