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VCSC Daily - Late session excitement pumped up the market - VNM, CII, EVE

Market Commentary

03 Feb 2016

Late session excitement pumped up the market. Starting out, the market seemed to be dominated by the inertia of yesterday’s bearish sentiment as the VN-Index dropped to an intraday low of 530 points. However, with today being the last day for investors to sell (to have their money settled before Tet), buyers' excitement recovered as they expect selling pressure to diminish going forward, implying that this might be a good opportunity to make quick gains.

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