VCSC Daily - VN-Index plunges to 21-month low - PMI

* Production continues to expand with lower input cost inflation

* Domestic petroleum prices drop to one-year low

* GVR announces to pay FY2021 cash dividend of VND410/share — equivalent to 2.1% dividend yield

* Market wrap: VN-Index plunges to 21-month low

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Market wrap: VN-Index plunges to 21-month low

On Monday, the VN-Index plunged 4.0% to fall to a 21-month low of 1,086.44 as nearly 150 tickers dropped to the daily trading floor. In addition, trading turnover on HOSE was subdued at just USD482.1mn.

* Banks experienced heavy losses, led by VCB (-3.5%), BID (-6.9%), TCB (-6.9%), CTG (-6.9%) and MBB (-6.5%).

* Steelmaker HPG (-6.8%) dropped to a 52-week low.

* MSN (-5.0%) has declined 12.7% over the last four trading sessions.

* VIC (+0.9%) increased for the second consecutive session and was the day’s top contributing gainer.