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VCSC Daily - Property stocks jump – STB blocks acc’t for 55% of HOSE trades – KDC 1Q result

Market Commentary

09 May 2013

Property stocks jump as investors await loan package. Speculation in property stocks gave the VNI a slight 0.2% boost to close at 486.22. Real stocks jumped today as investors continue to await the official introduction of the low-income housing loan package worth VND30,000bn (~US$1.5bn), which has been slated to be unveiled “in the next several days” by a government official since the beginning of the week.

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