Market Recap - Market adjustment


In Tuesday's trading session, liquidity decreased, two main indexes decreased, showing negative sentiment of investors.


At the end of the trading session, VN-Index decreased 9.37 points, equivalent to 0.86%, reaching 1,080.29 points; HNX-Index decreased 1.3 points (0.59%), reaching 218.29 points. Market liquidity reached VND 12.6 trillion, equivalent to about 634 million shares traded. Foreign investors net sell VND 263.8 billion, focusing mainly on MWG and VRE.


Technical perspective: VNINDEX index dropped again and closed at the resistance area of 1,080, this shows that investor psychology is still concerned when the market has increased sharply recently. The MACD indicator continues to show positive signals as the MACD line increasingly separates from the signal line. The market needs an increasing session with high liquidity to confirm the break of the 1,080-resistance area.

Thao Nguyen

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