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VCSC Daily - Stocks advance as SAB leads - SAB

Market wrap: Stocks advance as SAB leads. The VN-Index traded in the red for most of the day on Monday but got a nice bump over the last hour of the session to close up four tenths of a percent. Trading volume on HOSE slid to USD118mn. SAB (+3.1%) was the top contributor to the day’s gain, jumping to a five-month high. The company said its BOD recently approved the removal of the company’s foreign ownership limit (for more details, see our note above).