VCSC Daily - Testing 490; Yields drop on 10-yr bonds; PGS results
No more double digit point gains, but an uptrend looks steady. Although some volatility was still observed during trading on Wednesday, indices remain firm on an uptrend. The VNI gained 3.6 points on Wednesday to 488 while the HNI accumulated 0.6% to 63.4. Two days ago, we mentioned the next resistant for VNI after breaking over 470 would be 490.