VCSC Daily - Final day of ETF-driven trades, Fed postpones interest rate hike - Pump price - MWG's
Final day of ETF-driven trades, Fed postpones interest rate hike. The final day of ETF related trading for the quarter played out as everyone expected. Large stocks that exceeded ETF weighting caps such as MSN and VIC all saw large ETF’s sell orders. MSN loss more than 2% while VIC was able to hold flat. Accordingly, the redistribution made room for new inclusions like NT2 and other tickers like HAG and KDC, helping these stocks to gain around 2%.