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VCSC Daily - Stocks drop as Vingroup tickers stumble - QNS, TCM, DHC

The VN-Index fell for a second day, closing down four tenths of a percent after being down as much as 1.4% in the morning session. Trading value on HOSE jumped to USD350mn. VIC (-0.7%) and its subsidiaries VHM (-1.9%) and VRE (-4.1%) were the top three contributors to the day’s loss. Power companies PPC (+6.8%), POW (+1.9%), NT2 (+3.3%) and REE (+1.8%) jumped after an 8.4% increase in retail electricity prices was implemented today ahead of schedule.