Market Recap - Foreign investors resumed net buying


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


▶ At the end of the session, VN-Index increased 15.89 points, equivalent to 1.4%, reaching 1,153.8 points; HNX-Index increased 6.09 points (2.65%), reaching 235.84 points. Market liquidity reached VND 18.1 trillion, equivalent to about 860 million shares traded. Foreign investors net buy VND 316 billion, focusing mainly on GEX and GAS. 


▶ Technical perspective: After the deepest decline reaching 1,126, the market closed at its highest close of the session. Demand in the afternoon session gradually pulled the market up and formed a withdrawal candle that covered the previous session's down candle. The STOCH RSI indicator crossed the signal line, showing improved price momentum. However, the market's medium-term uptrend has not yet been regained. Need to observe more developments in the 1,180 area.

Thao Nguyen

Page: 5


File format: pdf

Size: 1.22 MB