Vietnam Insight

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

▶ At the end of the session, VN-Index increased 7.12 points, equivalent to 0.62%, reaching 1,150.8 points; HNX-Index increased 2.83 points (1.21%), reaching 237 points. Market liquidity reached VND 12.1 trillion, equivalent to about 543 million shares traded. Foreign investors net buy VND 22 billion, focusing mainly on SSI and VCB. 

▶ Technical perspective: The market was stable in the morning session and suddenly increased in the late afternoon session. The index is currently moving towards the resistance area of 1,160. Once it overcomes this zone, the possibility of VNINDEX moving towards the 1,220 zone is very high. Reference support and resistance are 1,130 and 1,160. Investors prioritize choosing stocks with good fundamentals, and with a rebound from the base.