6PM Call: The Market Reversed at the End of the Day - Macro Update
​The VN-Index came close to another steep decline, which was prevented by the index rebounding towards the end of today’s trading session, closing at 709.52 (-0.18%). This gain was led by HBC, and HPG whose 2017 earnings plan was revised up by VND1,000 billion. VJC continued to advance to the ceiling, as the supply was scarce on the exchange. There were only 500,000 VJC shares traded through a put through deal, of which 200,000 was from foreign investors. ROS was also among one of the top purchased stocks in the past two days, which is likely a strategy to prepare for a potential buy from ETFs next week.
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