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VCSC Daily - Sell off continues as markets suffer biggest one day loss

Selling pressure drag markets down further – The VNI extended its losing streak to the fifth consecutive session amid a gloomy outlook as both indexes have continuously broken support levels, putting a cold stop to recent bullish market sentiment. The VNI dropped to 455.65 down 3% and the HNI closed down 2.57% to 76.81. The loss on the southern bourse was magnified by the VNI’s now largest contributor, VCB.