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VCSC Daily - Low inflation numbers lift market

Market Commentary

23 Oct 2012

Market view: Stocks were up on low CPI numbers coming out of HCMC (0.18%) and Hanoi (0.13%). The return of a trade deficit in October to USD375 million YTD had little impact on sentiment because investors were already bracing for a pickup in imports heading into preparation for Tet Holiday. At the close, the VNI climbed 0.2% to 397.7. The HNI gained 0.4% to 54.6.

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