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VCSC Daily - Positive sentiment on Fed news cannot overcome technical barrier - BVH, SKG

Market Commentary

22 Sep 2016

Vietnamese stocks rose for a fourth straight day, taking part in a global rally of equities and commodities after the US Fed announced Wednesday it would leave its benchmark lending rates unchanged. The VN-Index rose 0.8% in the first 30 minutes of trading and in the afternoon reached 675.36, which had it closed there would have been the highest close since 2008.

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