VCSC Daily - Higher FOL on banks gets debunked - NBB
Higher FOL on banks gets debunked. Profit-taking on bank stocks drove the VNI down 1%. Bucking the market downturn, SSI continued to rally as it gets closer to being one of the first stocks to have unrestricted FOL - last week it received the SSC's approval to raise FOL to 100%. GAS was also a big supporter of the index, notching a fourth day of near limit up gains on the back of the recent upsurge in oil prices.