VCSC Daily - Markets hit 2012 highs on extended rally
Investors remained upbeat – The rally continues as the VNIndex and HNXIndex close at new highs for 2012. Sentiment in the market remains extremely positive as banks and real estate stocks enjoyed another day of gains. Liquidity surged to VND3,182bn on both bourses. There are still plenty of bid orders on the HSX at over 50mn but demand seems to wane on the HNX with an excess of 11.5mn sell orders. The VNIndex closed up 1.4% and the HNX gained 1.3%.