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VCSC Daily - VN-Index plunges 3.8% - DCM, PHR, POW, TLG, VEA

The VN-Index was down more than 5.5% on Monday afternoon due to concerns regarding the surging number of COVID-19 cases in Vietnam; however, bottom fishing in the final hour of trading ultimately allowed the VN-Index to finish the session down 3.8%. VIC (-4.2%) and its subsidiary VHM (-4.0%) were the top two contributors to the day’s loss. Banks were down across the board, led by VPB (-7.0%), BID (-7.0%), TCB (-5.5%), VCB (-2.5%) and CTG (-6.9%). Steelmaker HPG (-5.0%)