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VCSC Daily - Gasoline Hike – Trade Balance – DHG

Market recovers from surprise 6.5% gasoline hike. Late yesterday evening, gasoline prices were unexpectedly hiked 6.5% and the market opened down several points but gradually recovered to close flat by the end of the trading session. Leading the recovery were the usual blue chips GAS (with strong foreign buying), MSN and VIC. The VNI closed at 491.04, gaining 0.08%. The HNI closed above support at 60.25, down just 0.10%.