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VCSC Daily - Property stocks stay hot, pushing index to nine-year high - CCI - CII, FPT

The VN-Index jumped on Tuesday to its highest level since February 2008 as real estate names extended a week-long winning streak amid strong combined trading value in HCMC and Hanoi of just below USD200 million. The real estate sector followed yesterday's 2.9% surge with a 2.2% gain today. The two largest listed developers by market capitalization, VIC (+2.5%) and NVL (+4.6%), both reached record highs and have soared 9.2% and 11.4%, respectively, over the last week.