VCSC Daily - VN-Index plunges following Wall Street selloff

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* Market wrap: VN-Index plunges following Wall Street selloff

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Market wrap: VN-Index plunges following Wall Street selloff

The VN-Index plunged 2.3% on Friday following an overnight selloff on Wall Street with the Dow Jones Industrial Average posting its worst day since 2020. For the holiday-shortened week, the VN-Index fell 2.7%, marking its fifth consecutive weekly loss.

* Banks were down across the board, led by VCB (-1.9%), VPB (-3.9%), BID (-3.1%), CTG (-3.2%), TCB (-2.6%) and MBB (-3.4%).

* Industrial real estate players BCM (-6.4%) and GVR (-5.0%) tumbled.

* FPT (-4.3%) slumped to a six-week low.

* On the positive side, REE (+4.6%) was the day’s top contributing gainer.