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VCSC Daily - VN-Index slides lower amid foreign selling - TCM

Market Commentary

16 Aug 2016

Vietnamese stocks slumped for a second day in three as investors continue to take a breather after last week's sharp rally. Since jumping 5.2% in the first four days of last week, the index has mostly traded sideways, just below the 660 level. On Tuesday, having spent the session trading in a fairly narrow range of 662-657, the market closed down 1.36 points, or 0.2%, to 658.11.
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