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*  Market wrap: VN-Index bounces back from Monday’s drop

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Market wrap: VN-Index bounces back from Monday’s drop 

The VN-Index surged 2.8% on Tuesday as investors picked up shares at bargain prices following Monday’s 2.2% plunge. The 2.8% increase marks the VN-Index’s biggest daily gain since February 9, 2021. 

*  VHM (+6.3%) was the top contributor to the day’s gain as it notched its fourth positive session out of the last five. Fellow Vingroup subsidiary VRE (+6.9%) jumped to the daily trading ceiling, snapping a two-session losing streak. Parent company VIC (+1.0%) also increased. 

*  In the banking sector, VCB (+3.0%) has risen 10.4% over the past four sessions. Furthermore, BID (+4.5%), CTG (+3.8%), VPB (+4.3%), TCB (+3.2%) and LPB (+7.0%) experienced strong increases. 

*  Large caps MSN (+7.0%) and HPG (+6.3%) rebounded after respectively sinking 6.0% and 5.3% on Monday. 

*  VNM (-2.2%) fell for its fourth straight session and was the leading contributor among decliners.

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