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VCSC Daily - Markets ended week lower – 2011 trade deficit forecast revised down to USD 10-11 billion

Sliding from the opening bell, both markets closed the week in negative territory. Average combined liquidity on both bourses for the whole week dropped 28% cf. last week, including a decrease of c.20% for the HSX and c.40% for the HNX. After having notched exciting sessions early this month and hitting many record highs in both trading activity and gains, the markets saw consolidation this week as investors await a new short-term trend. The slump in US and Asian markets due to fear of European