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VCSC Daily - VNM leads market to fresh high - DRC, MWG

Domestic petrol prices hiked after two consecutive previous price cuts. The MoIT and MoF announced an upward adjustment to retail petrol prices from November 4. Accordingly, prices of RON92 gasoline and bio alternative E5 were lifted by VND271 to VND18,146 and by VND224 to VND17,858 per liter, respectively. These price hikes more than offset the two previous price cuts on October 5 and October 20.