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VCSC Daily - Market down, liquidity low – Gold attracts despite gap – Bond yield up

Too many concerns drag down investors’ sentiment The Vietnam market opened the week on shaky grounds from both overseas and domestic news. From global market, China’s cash squeeze and speculation of US Fed beginning reducing stimulus on the back of better-than-forecast US jobs report raised concerns of further withdrawals by the foreign investor group, following a net outflow of US$84.5mn in June (HOSE data).