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Mid-cap and small-cap stocks would be taken into consideration

​Adjustment pressures made VNIndex move negatively during the trading session. Downside movement of the blue-chip stocks named GAS, CTG, VIC pulled the index down. In contrast, the steel stocks as represented by HPG, HSG, NKG gained strongly thanks to the supporting information that MOIT will finalize the countervailing duty on exported Al-Zn coated steel, Zn coated steel and the postive outlook about 2016Q3 earnings results. In addtion, cash flow into the mid-cap and small-cap stocks narrowed the downside momentum of VNIndex. At close, VNIndex lost 2.27 points to reach 658.5 points while HNIndex advanced 0.19 points to 83.32 points. Total trading value was around VND 3000 billion on both bourses, a slight upsurge as compared to the last trading day.

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Viet Dragon Securities
Viet Dragon Securities

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