VCSC Daily - Market corrects on profit-taking – MSN earnings update

Market Commentary

10 Feb 2012

The Vietnamese market dropped on profit-taking and falling in step with global markets as the Greece bailout package stalls. The correction stalled a rally that has lifted the VNIndex up 19% and the HNX up 13.4% in the last month. In the last 20 days of trading, the VNIndex registered 17 wins while the northern bourse notched 12 days of gains. The VNIndex retreated 6.37 points to 405.02 (-1.55%) with laggards outnumbering advancers threefold, 185:57, of which 84 went limit-down. BVH, EIB, HAG, M
Tags: MSN

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