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VCSC Daily - Revised trade figures extend market gains

Market Commentary

12 Jul 2012

Market recover on trade balance revision. According to the customs office, the Vietnam trade balance in the first 6-month was only -USD158 million, much lower than the GSO’s preliminary estimate of -USD685 million. At the close, the VNI gained 0.35% to 408.72 thanks to the support of VNM and GAS. Meanwhile, on the northern bourse, the HNI marked better performance, up 1.06% to 69.32. Liquidity improved markedly, up nearly 80%.

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