VCSC Daily - Market up for the 4th consecutive day - HDG - KDH
Market up for the 4th consecutive day. In the morning session, the 10% rise in ICE Brent futures buoyed oil and gas stocks. GAS (7%) closed at ceiling price for the 3rd consecutive day, adding 2 to 3 points to the index. Confirming yesterday’s report regarding CTG’s Foreign Ownership Limit (FOL) relaxation request, the bank’s CEO today stated that CTG is aiming to widen foreign room to 30%, 35% and 40% in a phased manner. The CEO stated that the matter is entirely up to the Government.