Market Recap - The market evaporated 37 points


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


▶ At the end of the session, VN-Index decreased 37.15 points, equivalent to 3.22%, reaching 1,118.1 points; HNX-Index decreased 10.04 points (4.24%), reaching 226.68 points. Market liquidity reached VND 21.06 trillion, equivalent to about 991 million shares traded. Foreign investors net sell VND 160 billion, focusing mainly on CTG and VPB. 


▶ Technical perspective: The market created a downward gap and closed with a Marubozu candlestick, showing that strong selling pressure occurred during the session. In the long term, the lower edge of the long-term price channel formed in October 2022 will play a supporting role for the market. In addition, the MA200 line at 1,100 points will be a hard support area to maintain the long-term growth trend.

Thao Nguyen

Page: 5


File format: pdf

Size: 1.23 MB