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VCSC Daily - Markets suffer from lack of liquidity - Stronger grey and interbank rates reduce risk of VND devaluation in the short term

Both markets have been suffering consecutive drops combined with low liquidity. We have been hearing about selling pressure from margin calls as brokers try to clean their books before yearend. Though we cannot confirm that fact, the tape is showing increasing selling pressure as sell orders outnumber buying. In any event, market participants from both sides seem to have disappeared until the markets showed signs of a definite uptrend. The VNIndex suffered further loss of 3.55 points to close