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VCSC Daily - Stocks extend losing streak, liquidity tumbles

Market Commentary •

04 Jul 2012

Stocks extend losing streak, liquidity tumbles. Bearish sentiment continues to drag both indices to negative territory despite an early pop, marking the third losing session in a row. On the southern bourse, MSN, GAS, and VNM contributed 1.5 points to the VNI’s 2.36 point loss; the southern index closed at 410.73 (-0.57%). 410.73. On the northern bourse, the HNI gave up 1.63% to close at 68.08. Investors remained on the sidelines as both indices broke below supports.

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