Market Recap - Recovery
09/10/2023

Summary

▶ In Monday's session, liquidity increased slightly and two main indexes increased, showing cautious investor sentiment.

 

▶ At the end of the session, VN-Index increased 8.82 points, equivalent to 0.78%, reaching 1,137.3 points; HNX-Index increased 3.1 points (1.34%), reaching 233.55 points. Market liquidity reached VND 13.7 trillion, equivalent to about 602 million shares traded. Foreign investors net sell VND 709 billion, focusing mainly on VIC and POW. 

 

▶ Technical perspective: The market increased to close at the highest level of the session, showing that the uptrend is gradually recovering. The RSI indicator has shown a strong upturn signal after reaching the oversold area and is gradually moving towards the 40 point area. The MACD indicator also shows signs that it is gradually turning around, escaping the downtrend. This shows that the market is gradually having positive signals.

Category
Daily
Author
Thao Nguyen
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