VCSC Daily - VNM shakes off morning lethargy - Pump price - STK, PNJ
VNM shakes off morning lethargy. The market kicked off this week with a quiet morning session marked by caution and low volume. However, during the lunch break, a Bloomberg article on VNM (+4.7%) – Vietnam’s largest dairy company – expressed in explicit fashion what market participates had always surmised in that the company wanted to boost its foreign ownership limit (FOL). The company also announced that its 3Q earnings were firm and on track to exceeds its FY guidance.