Market Recap - Liquidity continued to decrease
10/08/2023

Summary

▶ In Thursday's session, liquidity continued to decrease, and two indexes dropped, showing cautious sentiment from investors.

▶ At the end of the session, the VN-Index lost 13.38 points, equivalent to 1.08%, reaching 1,220.61 points; HNX-Index dropped 1.97 points (-0.80%), reaching 243.91 points.

▶ Technical perspective: The market officially adjusted to normal after the hot rally. VNINDEX had 118 green tickers, 371 red tickers and only 4 stocks that fell to the floor. The decline also did not happen too quickly and suddenly showed the investor's desire to take profits rather than sell in panic. The market has now touched MA10 at 1220. If this zone breaks, the market will return to test MA20 at 1200. With today's drop, the RSI has entered a more balanced zone.

Category
Daily
Author
Vo Thi Thuy Trang
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