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VCSC Daily - VNI fails 500 – Details on VAMC

VNI fails to hold 500 level. The VNI marched to 500 but failed to hold despite gains in heavy-weights GAS, MSN and VNM. With the exception of Masan Group, Vinamilk and Eximbank (EIB), the remaining stocks in the VN30 closed in the red. The main index settled at 489.99 as laggards outnumbered gainers almost three-to-one. Trading volume on the HOSE was down about 5% to 55m shares. The HNI closed the week falling to 60.93 despite trading volume improving 23% to 41m shares.