Market Recap - Banks leading the upward trend


▶ In Wednesday's trading session, liquidity increased slightly, two main indexes increased, showing that investor sentiment has returned to optimism.

▶ At the end of the session, VN-Index increased by 9.21 points, equivalent to 0.75%, reaching 1,243.26 points; HNX-Index increased 1.11 points (+0.44%), reaching 252.56 points.

▶ Technical perspective: VNINDEX gained 9 points to close at 1,243 led by banks and Vin stocks. The market sign "green outside and red inside" appeared when the number of increasing stocks was only 217 and the number of decreasing stocks was 243. Liquidity improved slightly but still low compared to the average of 20 sessions. The Stoch RSI crosses the signal line more clearly, showing that the bullish momentum has shown signs of returning. Meanwhile, VN30 surpassed the old peak 1 week before the money flowed into large-cap groups. Self-trading and foreign trade were still net sellers today.

Vo Thi Thuy Trang

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