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VCSC Daily - Selling pressure from ETFs subside – CNG 1H results – FPT five month result

Selling pressure from ETFs subside. The VNI halted a six session losing streak today, edging up 0.1% to close at 498.88, as selling pressure subsided and the ETFs near the end of their rebalancing period, which ends this Friday. Even though HOSE data show foreigners were still net sellers of VND150bn in today’s session, there were bright spots as bottom-fishers helped the VNI rebound from an intraday low of 495.