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VCSC Daily - Hopes of stimulus package fade - New directive addressing the real estate market

Market Commentary

08 Dec 2011

Hopes of a government stimulus package that would spur a liquidity-driven-rally before yearend are fading as the reality that tight monetary policies could continue to be implemented. There have been some inconsistencies in Hanoi’s rhetoric regarding inflation versus growth which are confusing market participants. Hanoi Markets closed mixed while liquidity on the HSX hit a 15-day record high as foreign investors expanded their net selling. The VNIndex slipped 5.58 points to 381.63 (-1.44%) wit

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