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VCSC Daily - Choppy trading following bank earnings - PVC, NLG, NBB, PDR

Market Commentary

18 Nov 2015

Today's choppy trading pattern was attributed to volatility in the financial sector following yesterday's earnings releases from all major banks. Notably, VCB and BID dipped in and out of the positive territory but heavy selling pressure in the ATC session eventually tempered any gains. Among the sector, only MBB was able to make a meaningful gain, up more than 1.4% as trading value surged to more than USD 2m. VIC was gave up half its gains for the day in the ATC session to close up only +0.7%.

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