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VCSC Daily - Stocks bounce back, led by VHM, HPG and VRE – DXG, BVH, CII, CTG, HVN, VIC

The VN-Index surged in the last hour of trading on Wednesday to close up six tenths of a percent. The index also snapped a streak of three straight negative months as it gained 4.4% in the month of July. Trading value on HOSE jumped to USD217.2mn. VHM (+5.0%) rebounded from Tuesday’s 4.3% loss and was the leading contributor to the day’s gain. Fellow Vingroup subsidiary VRE (+3.1%) also increased; however, parent company VIC (-0.4%) was the leading contributor among decliners.