Market Recap - Profit taking pressure
23/08/2023
Summary
▶ In Wednesday's session, liquidity decreased, two main indexes dropped, showing cautious sentiment of investors.
▶ At the end of the session, VN-Index lost 7.93 points, equivalent to 0.67%, reaching 1,172.56 points; HNX-Index decreased by 1.58 points (0.66%), reaching 238.07 points.
▶ Technical perspective: The market opened with a gain but could not maintain the green color when the profit-taking pressure of the stocks bought in Monday returned to the account in the afternoon. Currently, the market is reacting at MA50 at 1,170 points and tends to form a new price base. Liquidity is likely to be low in the near future when the market is mainly observing.
Category
Daily
Author
Vo Thi Thuy Trang
Details
Page: 5
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File format: pdf
Size: 1.20 MB