Equities: Caution Still Warranted

July 2008 | Market Strategy

While a positive technical picture suggests that the embattled Viet Nam Index could be set for further upside over the near term, we suggest that caution is still warranted. Although the country's precarious economic situation is currently showing tentative signs of stabilisation, we note that significant downside risks still persist, meaning the recent equity rebound may prove to merely be a false dawn.

If you would like to subscribe to Emerging Markets Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Emerging Markets Monitor please click on the trial link below.