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VCSC Daily - State approves tax incentives and real estate rescue plan

Momentum weaken as foreign investors scale back. Foreign investors reduced purchase volume on both bourses and the indices struggled to sustain the gains made early on Friday. The VNI gradually lost momentum and finally settled at 462.7 (+0.6%) after advancing as much as 8.3 points at the start. The HNI closed almost flat at 60.6, very much in line with the performance of ACB, the HNI’s largest market cap stock.