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VCSC Daily - Opposing forces at play

Market Commentary

22 Dec 2015

The market struggled to find direction as opposing forces cancelled each other out causing the VNI to finish relatively flat, down a slim margin of 0.5 point or 0.1%. Oil and gas tickers notched up decent upsides with GAS (+0.5%) and PVD (+2.4%) both closed in the green due to bottom fishers buying in despite the falling oil price. BID also made a 1% gain coming off a two-session slide, being today's top index contributor.

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