6PM Call: Relief Rally - NLG Update
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The VNIndex continued to maintain its momentum as it added 7.91 points to yesterday’s close. Similar to the VNIndex, the HNIndex also gained 1.27 pts and closed above 81 pts. Total trading volume was 165.15 million shares, equivalent to VND2,576 billion in terms of trading value. Today’s liquidity could obviously not compare to yesterday’s shocking trade. Today’s rally was largely attributed to large-cap stocks. Among the 30 shares in the VN30 Index, 24 went up and only three went down. Overall, market breadth was so positive that we saw 3 gainers per 1 decliner. The Index kept up its rally but foreigners lost the rhythm. After actively buying yesterday, they turned to net sellers again. They sold VND84.9 billion and VND15.2 billion worth of shares in the HSX and the HNX.
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