VCSC Daily - Stocks inch lower as investors eye Q3 results - NLG, CTD, DHG, SSI, HPG, HT1, VCB
  • 2016-10-21T21:01:39
  • Market Commentary
Stocks inch lower as investors eye Q3 results. For a second day, the VN-Index posted a small loss in the heart of Q3 earnings season. The index traded in a narrow 684-687 range, capping a week of limited volatility, while the technical trend remains bullish. The financial sector fell slightly despite Moody's upgrading the long-term credit ratings and baseline credit assessment of MBB (-0.3%) and SHB (-1.8%) while revising ratings outlooks to negative for STB (-0.8%).