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VCSC Daily - Stocks advance as volatility eases - DXG, PNJ

After a choppy start to the week, market volatility eased on Wednesday as the VN-Index rose a quarter of a percent in lighter trading volume. PNJ (+6.9%) hit a nine-month high amid its highest trading volume in the past year after announcing late yesterday strong Q1 earnings which exceeded our expectations (see our note above). DXG (+6.9%) jumped to its trading ceiling after posting positive Q1 earnings (see our note above).