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VCSC Daily - Corporate earnings reenergize market

Market regain strength. Stocks regained strength after a slight hiccup thanks to better-than-expected earnings from leading large caps such as HCM, HSG, SSI, and VND. The strong earnings gave investors a sigh of relief and even more reason to leave the disappointing first half behind. Market breadth was broad on both bourses with advancers outnumbered laggards over five-to-one. Liquidity has improved markedly. Tuesday’s total trading turnover is 40% greater than last week’s daily average.