VCSC Daily - The VN-Index recovered after two days of declines

* Macro Update: Robust retail sales, controlled inflation
* Market wrap: The VN-Index recovered after two days of declines

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Market wrap: The VN-Index recovered after two days of declines

The VN-Index extended Friday morning’s gain to close at the session’s high at 1,248.78 (+1.15%). However, for the whole week, the index suffered a 2.48% drop.

* Energy stocks performed well due to a rally in power companies including VSH (+6.9%) and NT2 (+7%) as well as a strong recovery in Oil & Gas names, such as PVD (+6.8%), PLX (+1%) and PVT (+3.3%)

* The Real Estate sector also showed a good rebound from recent declines, especially amongst mid-cap tickers such as KBC (+5.3%), DXG (+3.3%), DIG (+5.7%) and VGC (+7%).

* Banking stocks traded mixed with gains from VCB (+1%), VPB (2%), BID (+0.8%) and TCB (+0.7%) and losses from MBB (-0.4%), STB (-0.6%) and EIB (-0.2%).