VCSC Daily - Stocks pull back amid profit taking

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The VN-Index saw gains above 783 until early afternoon on Friday when strong selling drove the market down to its worst day since late May, closing at the low of the session, off 0.9%. The selling appeared to be driven by technical factors as traders eye a strong resistance level at 790. Today's decline left the index down 0.1% for the week, its first weekly loss in five weeks.