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VCSC Daily - VNIndex approaching August bottom – Update on VHC

Trade balance data out yesterday did little to improve sentiment. The VNIndex failed to hold its ground after managing to touch an intraday gain of one point. The HSX lost 5.03 points to close at 385.86 (-1.29%), dangerously approaching the bottom it formed back in August. Laggards outstripped advancers once more, with 144:78 and 47 limit-down. Three heavyweights BVH, MSN, VNM together dragged the index the most, removing 4.14 points from the market. The HNX turned down sharply after two days of