VCSC Daily - VNI fails 520 on profit taking – VIC to sell 20% Vincom Retail at premium

Market Commentary

29 May 2013

VNI fails 520 on profit taking, VIC hits limit-up on premium company stake sale. Securities tickers led the early rally today, but the heat soon faced strong profit-taking after the VNI hit the 520 and the HNI hit the 65 resistant levels. Profit taking was seen most notably on the blue chips on the main index, especially on tickers that have rallied substantially over a short span of time such as CSM or DRC. The VNI lost 1.24 pts at the closing bell, standing at 515.09.
Tags: VIC

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