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VCSC Daily - Banks lead VN-Index to 16-month high - PVD, VHC, GAS

After its strong performance last Friday, the VN-Index advanced again as it closed up seven tenths of a percent to hit a 16-month high on Monday. Investor optimism seems to have risen following the index surpassing 1,000 points in addition to reports of positive developments in US-China trade talks. Trading value on HOSE shot up to USD225.2mn, which is well above the one-month average of USD175.1mn.