TECHNICALS: VN Index May Rise 7% in 5-10 Days: Viet Capital

Vietnam benchmark gauge may gain to 450; upgraded to “Up” from “Neutral” in short-term, Tu Vu, brokerage’s acting head of research, writes in report. * Index broke 417 resistance yesterday * Medium-term outlook (1-3 months) for index “Neutral” * NOTE: VN Index closed +0.3% at 418.83 yesterday; +0.2% today

To contact Bloomberg News staff for this story: Nguyen Kieu Giang in Hanoi at giang1@bloomberg.net

To contact the editor responsible for this story: Richard Frost at rfrost4@bloomberg.net

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