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VCSC Daily - VN-Index overcomes early plunge to record fourth straight positive session - PMI - PPC, HPG, PNJ, BID, BVH, POW, SSI, VIB, VIC, VTP, MSN

Market Commentary

04 May 2021

Despite opening Monday’s session down more than 2% following reports of new COVID-19 cases in Vietnam, the VN-Index rallied throughout the remainder of the day to close up by two tenths of a percent as trading value on HOSE jumped to USD931.1mn — its highest amount in the last seven sessions. Conglomerate VIC (+2.0%) snapped a two-session losing streak and was the top contributor to the day’s gain. Banks TCB (+5.8%), CTG (+5.4%), MBB (+3.0%) and VPB (+1.7%) recorded significant gains.

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