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VCSC Daily - Three quarters of all stocks close at ceiling, bid-only

Market Commentary

05 Mar 2012

Record one-day performance – Whether it was extended trading hours or consensus that turned bullish, the market recorded its best one-day performance since January 2010. Three quarters of all stocks jumped to their ceiling while sellers had all but disappeared. The markets reached their intra-day highs in the morning session on high demand The HSX easily broke the 450 psychological resistance and hovered around the range of 456-458. The HNX also gained nearly 4 points prior to the lunchtime. Man

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