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VCSC Daily - Investors comfortable on sidelines

Market Commentary

10 Jul 2012

Muted trading. Trading continues to be slow in the Vietnamese stock market with trading value nearly flat at VND695 billion. Average daily trading is down about 16% against last week’s daily average. The bulls made an attempt in the early session but was promptly pushed back. We noticed selling pressure increase notably in the final minutes sending both indices deeper in the red. However, the drop was relatively tempered.

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