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VCSC Daily - Market traded sideways but with increased volume

The VN-Index fluctuated in a narrow range today before closing with a small gain. Traders were more active on the broad market, pushing total turnover of the HSX up by 13%. The put-through transaction market was quite crowded with some big deals on EIB, SBT, VNM and SCR. A rally by VNM (+2.0%) made an impact on the market after DC Developing Markets Strategies PLC announced it would buy 500,000 shares. Banks contributed points to the index with STB (+3.0%), EIB (+3.3%).