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VCSC Daily - Vingroup stocks plunge, dropping VN-Index to three-year low - BSR, HVN, VJC, MWG, NT2, PNJ, SCS

Despite other Asian markets increasing on Friday, the VN-Index dropped 2.2% to close at its lowest level in more than three years. For the week, the index was down 6.8%. Vingroup tickers plunged. Parent company VIC (-7.0%) nosedived to a two-year low while subsidiaries VHM (-6.9%) and VRE (-6.9%) fell to 16-month and all-time lows, respectively. Among banks, VCB (-6.8%) declined to a 19-month low. BID (-0.9%) and CTG (-1.5%) also decreased. Conversely, VPB (+1.2%), TPB (+2.8%)