Market Recap - Positive signals from the market


In Thursday's trading session, liquidity increased, two main indexes increased, showing positive sentiment of investors.


At the end of the trading session, VN-Index increased 35.81 points, equivalent to 3.44%, reaching 1,075.47 points; HNX-Index increased 8.32 points (3.97%), reaching 217.97 points. Market liquidity reached VND 14.6 trillion, equivalent to about 772 million shares traded. Foreign investors net sell VND 147.5 billion, focusing mainly on MWG and VHM.


Technical perspective: VNINDEX has a fairly strong growth rate with increased liquidity. Technical indicators have also improved. Previously, we also mentioned the hard support zone of the market at 1020-1080 corresponding to the trading range in early 2023. At the present, VNINDEX will begin to return to the rising wave when surpassing completely support area above 1020-1080 and MA 200 area. Especially MA 200, the market will often show the opposite decrease signal when meeting MA 200. Therefore, the formation of a second bottom is still possible and the market needs more accumulation.

Thao Nguyen

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