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VCSC Daily - Stocks gain for third day led by MWG - Fiscal deficit

Market Commentary

13 Oct 2016

The VN-Index extended its rally to the third day after absorbing early selling pressure to bounce off technical support in the 678-680 range and eventually closed at its high of the session, up 2.78 points, or 0.4%, to 685.23. MWG (+7.0%) spearheaded the rally as retail investors got upbeat amid market talk that there will be blocks transacted at a large premium between foreign investors. Money flows into MWG were further strengthened as investors saw breakout signals in the stock,
Tags: MWG

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