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VCSC Daily - VNI snap 3-day losing streak – GAS 1Q update BUY – Profit taking on NLG

Market Commentary

05 Jun 2013

VNI snap 3-day losing streak but liquidity still weak. Index rebalancing continue to dominate market talk. There was some apprehension this morning, as both indices briefly fell into negative territory with investors fearing a repeat of yesterday’s ATC sell-off. But stocks gradually climbed throughout the day and blue chips, led by BVH, GAS, and VNM, rallied at the end, helping the VNI snap a 3-day losing streak.

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