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VCSC Daily - Slight recovery; correction may end sooner

Market view: Fear of returning inflation led increased appetite for consumer goods manufacturers that can pass the most price effect onto end customers. VNM (+3%), MSN (+0.5%) and KDC (+1.2%) continued to support the VNI to mark a winning session. In contrast, the HNI ended in slight red following the correction trend that we had thought would happen on Thursday and would probably drag onto Friday morning session.