6PM Call: Market: Stress test - PNJ update
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Indices mixed as HNIndex gained 0.02 pt while VNIndex lost 2.61 pts. Intraday bull-trap occurred again when VNIndex was pulled higher (but with slim money inflow) thanks to the contribution of banking stocks and VNM. High risk-tolerance investors did try to disburse a small portion of their cash but fail to attract more investors, who are very conservative about the market, to catch up. Therefore, liquidity continue to sink 16,31% with total traded value at VND2,154 billion.
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