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VCSC Daily - Markets up on stabilizing dong and brighter inflation outlook - January CPI expected to rise MoM but slow YoY

Vietnamese stock market rose Wednesday as investors’ confidence picked up on stabilization of the dong and a brighter inflation outlook. A resurgence in market breadth spurred markets on slow trading. Heavy weights BVH, MSN and VIC continue to provide much needed activity and positive sentiment prior to the Lunar year-end. The VNIndex jumped 3.8 points to break through the 360 level to close at 362.66 (+1.06%) after failing to hold this threshold yesterday. Market breadth widened with advancers