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VCSC Daily - Vietnam market slide on global slump

Market Commentary

29 Mar 2012

Vietnam markets slide on global slump – Following the slump on global markets amid falling commodity, crude oil prices and concerns about the pace of the global economic recovery, domestic bulls failed to hold unto early gains against strong selling pressure. Both markets erased their gains and actually retreated deeper toward the end of afternoon session, losing 3% on the HNX and 1.5% on the HSX with market breadth turning down. There were 88 tickers sold at floor price on the VNIndex many of w

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