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VCSC Daily - ETF sells in ATC – CTG EGM – HPG update

ETF sells in ATC sending VNI down The ups and downs of the heavyweights – MSN, VIC, VNM and GAS, caused the VNI to swing in the same direction throughout the morning session. The selling pressure from redemptions by the DB FTSE Vietnam during ATC, however, wiped out all of the intraday gains and the VNI tumbled 0.5% back to below 490.