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VCSC Daily - Vietnam will merge two bourses - Dong liquidity remains a concern

Market Commentary

17 Jan 2012

Despite Asian shares was up on better-than-expected Chinese economic growth data, the bears returned to Vietnamese market as traders rushed to take the profit. Tuesday is the last day that investors can sell and get their cash at T+3 before market closes for the long holidays. The correction was seen on both bourses on higher selling pressure. Despite attempts by bulls, lifting the index to an intraday high of 363.5, the VNIndex closed at 358.86 (+0.28%), settling with a 1 point gain with sup

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