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VCSC Daily - Positive FDI, restart of TPP fail to excite market

Positive FDI, restart of TPP fail to excite market. The local market yawned while the world’s markets rallied behind Janet Yellen’s case for hiking US interest rates in a speech made at the University of Massachusetts yesterday. Trading value was up slightly to USD 98m but 40% of that volume was attributed to off the board put-through transactions making for a very quiet trading day despite positive FDI figures (see below), the restart of TPP talks and subdued inflation numbers for September.