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VCSC Daily - Pessimism clouds market, industrial production slows to 4.2%

Market slide on weak demand, VCB and GAS weigh on VNI. Stocks dropped again as pessimism clouds market sentiment. Overall, liquidity continues to decline on both bourses, showing weak demand for risky assets. Leading large caps VCB and GAS together removed 2.58 points from the VNIndex. GAS gave up 2.4% today, closing at VND36,700 per share, falling back to near its initial listing price of VND36,000 per share.