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DJ Vietnam Shares End up 0.8%; Cap 510 Tuesday -Traders
December 23, 2013

0834 GMT [Dow Jones] Vietnam's stock index ends 0.8% higher at 508.68 after the government said the economy grew 6.04% in the 4Q vs a 5.54% rise in the 3Q, with GDP up 5.42% this year vs a 5.25%expansion last year, traders say. "Sentiment is positive because government economists have said the economy has overcome its worst period and its recovery will accelerate in 2014," a trader with Vietcombank Securities notes, adding that still, many retailers want to cash out this week before the year-end holiday. Volume is heavy at 108 million shares valued at VND1.47 trillion. Vingroup (VIC.VH) ends up 6.0% at VND70,000, Gemadept (GMD.VH) closes 4.5% higher at VND35,700 and PetroVietnam Gas (GAS.VH) rises 1.6% to VND65,500. Traders tip the cap for the key index at 510 Tuesday. (phammuoi.nguyen@wsj.com) Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com