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VCSC Daily - Irregular trading in banking – Potential hurdles but we remain bullish

When the markets opened investors were still trying to decide whether to buy more or take profit. Markets moved into negative territory before turning around on improved buying into blue chips to end strongly higher. Bank stocks outperform – Banking stocks performed phenomenally well this year, outperforming the VNIndex benchmark by 23.9% YTD. Investors seem increasingly encouraged that the banking sector restructuring into a type of “convoy” system, where larger banks would take weaker ones u