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VCSC Daily - O&G and bank stocks lead market to big gains on strong sentiment

O&G and bank stocks lead market to big gains on strong sentiment. Worries over several sticking points that have plagued the performance of the VN-Index seemingly disappeared over the weekend. The main spotlight was on oil prices, which witnessed a impressive recovery with Brent Crude up 10% to USD32.18/barrel last Friday. With the recovery of oil prices came the recovery of the US equity markets where the S&P500 index rose 2.03%.