VCSC Daily - VN-Index plummets 2.1%

* LPB receives approval from SBV to continue implementing divestment of VNPost from LPB
* TPB finalizes plan for 25% cash dividend
* Macro Update: Tet Holiday distorts economic data
* Market wrap: VN-Index plummets 2.1%

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Market wrap: VN-Index plummets 2.1%

The positive momentum from the previous session could not carry over to Tuesday as the VN-Index plummeted 2.1% with 24 of the VN30 Index’s components finishing in the red.

* Banks were down across the board, led by VCB (-4.2%), BID (-2.7%), VPB (-3.0%) and CTG (-2.3%).

* HPG (-6.6%) plunged on trading volume of more than 43 million shares. Fellow steelmakers HSG (-6.9%) and NKG (-6.7%) also nosedived.

* Vingroup tickers VIC (-1.8%), VHM (-2.4%) and VRE (-3.2%) decreased.

* Airline HVN (+4.1%) ended a four-session losing streak and was the day’s top contributing gainer.