Market Recap - Liquidity decreased
23/10/2023

Summary

▶ During Monday's trading session, liquidity decreased slightly, two main indexes decreased, showing negative sentiment of investors.

▶ At the end of the trading session, VN-Index decreased 14.50 points, equivalent to 1.31%, reaching 1,093.53 points; HNX-Index decreased 2.19 points (-0.96%), reaching 226.26 points. Market liquidity reached VND 12.1 trillion, equivalent to about 563 million shares traded.

▶ Technical perspective: The market has shown signs of slowing down and has accumulated sideways in the area of 1,100 points. The Stoch RSI indicator has crossed the signal line, showing that the price momentum is improving significantly. However, the market needs to accumulate more after the previous sharp decline. The next resistance area is MA200 corresponding to the area of 1,110-1,120. Support level is at 1,080.

Category
Daily
Author
Vo Thi Thuy Trang
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