Market Recap - VN-Index increases for fifth straight session
05/09/2023

Summary

▶ In Tuesday's session, liquidity increased sharply, and two main indexes gained, showing positive investor sentiment.

 

▶ At the end of the session, VN-Index gained 10.93  points, equivalent to 0.89%, reaching 1,234.98 points; HNX-Index increased 2.53 points (1.02%), reaching 252.28 points. Market liquidity reached VND 24.5 trillion, equivalent to about 1,087 million shares traded. Foreign investors net sell VND 395 billion, focusing mainly on SSI and VIC.

 

▶ Technical perspective: The market continues to have positive signals in technical indicators after the RSI index has escaped the downtrend. The MACD line has crossed above the signal line, signaling a market reversal, confirming the uptrend again. Thereby, the market is gradually returning to the resistance level of 1,250.

Category
Daily
Author
Thao Nguyen
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