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VCSC Daily - Banks, energy help extend VN-Index losing streak - MWG, DRC

Stocks slid for a fifth day to a five-week low amid tepid trading volume, and the index is now down 2.2% since reaching an eight and a half year high last week. However, the index closed above its mid-term technical support level of 672, so the overall trend is still upward. The day the market peaked, October 19, the financial sector led the charge higher amid speculation that authorities would soon ease the compulsory reserve and increase the FOL.