Market Recap - Liquidity kept decreasing


During Tuesday's trading session, liquidity decreased slightly, two main indexes increased, showing positive sentiment of investors.


At the end of the trading session, VN-Index increased 12.37 points, equivalent to 1.13%, reaching 1,105.90 points; HNX-Index increased 2.63 points (+1.16%), reaching 228.89 points. Market liquidity reached VND 10.46 trillion, equivalent to about 509 million shares traded. Foreign investors net sell VND 509 billion, focusing mainly on MWG.


Technical perspective: The market has shown signs of a temporary halt in the downtrend and is accumulating around the 1,100 point range. The lower band of the Bollinger band is currently the short-term support line for the market. However, the market is in a medium-term downtrend and the RSI is still in a downtrend. Therefore, risks still exist in the near future. Low liquidity is one of the signals that the market lacks motivation to recover in the short term.

Thao Nguyen

Page: 5


File format: pdf

Size: 1.22 MB