VCSC Daily - Large-cap rally overshadowed sluggish trading in bank stocks - PMI - VCB
  • 2016-03-01T19:03:22
  • Market Commentary
The main index closed in the green today as gains from the consumer goods and oil & gas sectors overshadowed losses from banks. Vietnam's leading dairy producer - VNM - regained all of yesterday's lost points and became today's largest index contributor. On the other side of the globe, Brent crude prices rallied to hit a USD37/bbl intraday peak after the US's rig count hit a seven-year low. The oil rally strengthened domestic oil & gas tickers with GAS (+2.1%), PVD (+2.4%), PVT (+1%) and PVS (+0