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VCSC Daily - Bottom fishers pulls the market up

The VN-Index rebounded beautifully from yesterday's panic selling, closing off an impressive gain of more than 9 points to reach 535.77 points. As expected, negative sentiment was quickly side-stepped as investment opportunities arose. Bottom fishers started to accumulate large caps, pushing market leader VNM up 1.7% while major bank stocks all saw an impressive rebound: VCB (+4.4%), CTG (+3.6%) and BID (+3.0%).