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VCSC Daily - Stocks extend losing streak, liquidity tumbles

Market Commentary

04 Jul 2012

Stocks extend losing streak, liquidity tumbles. Bearish sentiment continues to drag both indices to negative territory despite an early pop, marking the third losing session in a row. On the southern bourse, MSN, GAS, and VNM contributed 1.5 points to the VNI’s 2.36 point loss; the southern index closed at 410.73 (-0.57%). 410.73. On the northern bourse, the HNI gave up 1.63% to close at 68.08. Investors remained on the sidelines as both indices broke below supports.

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