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VCSC Daily - VNM shines to save index

Recoveries, albeit light. Markets opened with improved sentiment upon positive Q4 results coming out from different sectors overnight – CSM (auto & parts), SBT (sugar), PNJ (personal & household goods) and especially VNM (F&B), the darling of the Vietnam market. Although experiencing some moments of weakened momentum, both indices snapped a 4-day losing streak to edge up 0.1% to 443 and 59.6 respectively for the VNI and HNI.