Market Recap - VN-Index struggles around 1,245 points


▶ In Thursday's session, liquidity decreased slightly, and two main indexes mixed, showing the neutral  investor sentiment.


▶ At the end of the session, VN-Index decreased 2.36 points, equivalent to 0.19%, reaching 1,243.1 points; HNX-Index increased 3.08 points (1.22%), reaching 255.36 points. Market liquidity reached VND 24.7 trillion, equivalent to about 1,127 million shares traded. Foreign investors net sell VND 887 billion, focusing mainly on HPG and SSI.


▶ Technical perspective: In general, the main trend of the market is still uptrend. When approaching the resistance zone of 1250 - the old peak zone in mid-August, it is normal for the market to fluctuate and decline when short-term traders begin to take profits. This is a zone that needs further observation, as the market needs to accumulate a few more sessions to have enough strength to completely surpass the 1,250 zone in the base scenario. Currently the resistance zone is still at 1,250.

Thao Nguyen

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