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VCSC Daily - Stocks up slightly, weak GDP number weighs on sentiment - GDP growth - DRC

Market Commentary

29 Mar 2017

The VN-Index edged higher on Wednesday, bolstered by small gains in VNM, SAB, GAS and VIC, four of the five largest listed companies by market capitalization. The government reported preliminary Q1 GDP growth of 5.1% YoY, which was below expectation and dampened investor optimism (see our note above). DQC (+5.5%) enjoyed its biggest one-day jump in four months amid its highest trading volume since July after announcing plans to complete its 2016 dividend payment in May.
Tags: DRC

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