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VCSC Daily - Buying momentum pushes Vietnamese equities higher

Market Commentary

06 Oct 2011

Vietnamese shares gain on euro debt deal hopes for banks as Asian stocks were broadly higher on Thursday. Market breadth on both bourses improved as rising demand pushed cumulatively more than 400 tickers to close in the green. Unlike Wednesday, the rally to last through the close without impediments from heavyweights as most of stocks broadly moved in sync, while combined liquidity increased thanks to put-through transactions, reaching c.VND1,000bn again.

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