TITLE

Vietnam: VNI: Short-Term Downsides

PUB. DATE
September 2006
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Sep2006, Vol. 17 Issue 9, p4
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article reports on the decrease in the Viet Nam Index (VNI), which closed in August 7, 2006 at a five-month low of 399.80. The two main reasons for this decrease are the unsustainable pace of gains seen between January and April and the heavy supplies of new shares seen in July. Ho Chi Minh City Securities Trading Centre director Tran Dac Sinh's positive outlook on VNI's recovery due to the establishment of new investment funds is discussed.
ACCESSION #
21983540

 

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