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VCSC Daily - Market pullback extends to fourth day led by VIC, VCB - Vietcombank Securities advises on MobiFone M&A - DAG, CII, GTN, REE

The VN-Index slumped again on Wednesday, opening lower and sliding to a session low of 627 in the afternoon before closing down 4.44 points, or 0.7%, to 631.61. The index has fallen 3.9% over the last four days and has seen losses in 12 out of the last 15 sessions for a 6.4% selloff since reaching an eight-year high on July 13. VIC (-3.3%) and VCB (-1.9%) were the top contributors to today's decline and have dropped 10.4% and 12.2%, respectively, since each hit record highs on July 13.