VCSC daily - Wave of buying from locals support markets - HCMC credit growth rose by 8.4% YTD

Market Commentary

22 Sep 2011

Both markets reversed as locals returned on a wave of buying, while sellers were missing. Advancers outstripped laggards on both bourses and we saw 98 stocks collectively went limit-up. Approaching the 440 support in early trading, the VNIndex shot back up towards the session’s end mainly thanks to BVH’s rebound which had almost touched its floor price before reversing to its ceiling price, contributing 2.16 points to the index.

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