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VCSC Daily - Expectations of slower inflation help sentiment

Market Commentary

21 Oct 2011

Expectations of a declining national CPI in October were probably what sparked the markets’ encouraging gains as liquidity soared sharply. Despite the sluggish opening, both indices were propelled by increasing demand and market excitement toward the session’s end. The cumulative number of advancers was accordingly boosted to 367 stocks, in which 113 went ceiling.

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