Research Center
Quay lại

VCSC Daily - Grinch steals holiday spirit - Buy Vietnamese equities below 1.5x book - The VND sees the second devaluation in the month

Vietnamese shares began the last week of 2011 in negative territory as buyers remained on the sidelines. Selling pressure dominated the tape remaining relatively unchanged compared to last Friday, but demand for stocks dropped nearly 30%. Both bourses slumped to new lows, with 191 limit-downs amongst 311 laggards on a combined basis.