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Article: VN-Index rises for third straight day.

Article from:
Vietnamese News Agency
Article date:
November 1, 2008
Copyright

Hanoi , November 1 (VNA) -- Mid-week stock market rallies around the world helped the local exchange record a third straight day of increases on Oct. 31.

Global markets rebounded as the US Federal Reserve slashed interest rates to one percent. Domestic optimism was increased by the Ministry of Finance's decision to cut the domestic retail price of petrol by 500 VND a litre.

This helped the VN-Index increase by 10.48 points, or 3.11 percent, to close at 347.05. The Ho Chi Minh Stock Exchange had 117 gainers by the end of the day; about 20 codes declined and 29 remaianed unchanged.

Major stocks registered remarkable highs, including Binh Dinh ...

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