VCSC Daily - Positive FDI, restart of TPP fail to excite market
  • 2015-09-25T00:00:00
  • Market Commentary
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.