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VCSC Daily - Profit-taking in volatile trading day ends rally

Market Commentary

13 Apr 2012

Rally ends on profit-taking – Markets closed down with excess sell orders on both exchanges. The Southern bourse had nearly 15mn sell orders unmatched while the Northern bourse had over 26 million sell orders unmatched. The VNIndex closed at 462.5 (-0.6%), the HNXIndex at 78.4 (-0.2%). Combined trading value drop slightly but still topped VND3,026bn.

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