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VCSC Daily - Tempered gains on revised trade; HCM, Hanoi and Long An CPI up

Market Commentary

20 Aug 2012

Our view: The market had some steam left from last Friday’s GAS-led rally. We think sentiment was in part buoyed by a positive revision to the trade data. The Customs Office revised the trade balance in July up from a surplus of USD100 million to USD579 million which put foreign investors fearful of exchange rate risk at ease.
Tags: HCM

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