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VCSC Daily: Equities buck the global the trend to close in negative territory – Update: BCI under a cloud with a silver lining, upgrade to BUY

Vietnamese equities bucked the trend seen on global indices as markets got hammered by financials and industrials which have been the worst performing sectors in November. Without the large put-through transactions which contributed over half the today’s total trading value, liquidity would have been much tighter. Order matching dropped to its lowest level so far this month with VND231bn worth of trades on the HSX. MBB and STB were also the most active stocks in terms of volume and value on the