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VCSC Daily - Markets end in the red as early rally fizzles – BIDV results are in – Industrial production see modest growth but inventories rise – Trade deficit improved in 2011

Despite a valiant effort from the bulls in early trading that was short-lived, both markets retreated to close in negative territory again, following the drop of Asian indices amid renewed signs of pressure on Europe’s banks and a downturn on Wall Street. The VNIndex magnified its intraday loss to c.3 points but managed to regain toward the session’s end, closing at 350.51, down 0.15 points or 0.04%. Despite the number of laggards improving at the end, market breadth still turned negative with l