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VCSC Daily - Market gains on squeezing liquidity

Market Commentary

05 Nov 2015

Market liquidity declined 33% with only USD 100m worth of shares traded today. Foreign activities considerably slowed down with net buying halved at only USD 1.2m worth of shares. VNM and FPT lost some steams when their combined turnover dropped 64% vs. yesterday’s session to be only at USD 17m. However, VNM (+4.1%) and FPT (+2.9%) still supported the market by adding 3.4 positive points and collectively responsible for the majority of today’s market upside

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