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VCSC Daily - Dull trading as the market awaits ETF rebalancing

Market Commentary

04 Dec 2015

Dull trading as the market awaits ETF rebalancing. Without the excitement from yesterday's put through transactions, today's trading was dull with only USD 74.7m worth of shares traded and represents a 47% contraction relative to yesterday. Sector-wise, all banks stocks closed in the red and were responsible for 1.7 negative points out of the 2.7 points the VNI lost today. With more than 1.8m new shares listed, VIC was down a notable 1.2% on the pressure created by this new supply of stock.

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