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VCSC Daily - Stocks end slide

Market Commentary

30 May 2012

Market up on quiet trading – Vietnamese shares halted its losing streak today thanks to lower selling pressure. However, low liquidity also indicated that demand has not picked up significantly. In recent sessions, the downward pressure on gold prices and low interest rates has not triggered the expected switch to equities as investors seem to be quite risk adverse, reacting to less-than-stellar corporate earnings and troubles in the European bloc.

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