VCSC Daily - Markets move sideways as investors watch and see

Market Commentary

31 Jul 2012

Our view: It is another day without sharp macro news or corporate earnings to either lift up or push down the markets from the narrow band that it has been trading in the last 3 days. The VNI could not hold onto the green opening and finally settled in red at 414.5, losing 0.5 points (0.1%). In the northern bourse, the HNI also lost 0.3 points (0.4%) to end at 69.2.

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