Vietnam Insight

▶ In Wednesday's session, liquidity decreased slightly, and two main indexes gained, showing positive investor sentiment.

▶ At the end of the session, VN-Index gained 8.73 points, equivalent to 0.72%, reaching 1,213.16 points; HNX-Index increased 1.48 points (0.6%), reaching 247.96  points. Market liquidity reached VND 20.9 trillion, equivalent to about 991 million shares traded. Foreign investors net buy VND 523.85 billion, focusing mainly on KDC and CTG.

▶ Technical perspective: After creating a doji candle on the 3rd session, the market bounced up relatively well today. The index is rising continuously most of the time today with the bulls dominating. Currently, the market is still in a recovering trend after the previous strong decline. The index has approached the MA20 area. The support/resistance zone is 1,180 – 1,250.