Vietnam Insight

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

▶ At the end of the trading session, VN-Index increased 33.14 points, equivalent to 3.07%, reaching 1,113.43 points; HNX-Index increased 8.74 points (4%), reaching 218.29 points. Market liquidity reached VND 18.59 trillion, equivalent to about 953 million shares traded. Foreign investors net sell VND 253.5 billion, focusing mainly on MWG and VHM.

▶ Technical perspective: VNINDEX index increased and closed at the highest level, forming a Marubozu candlestick pattern, showing that the short-term uptrend is maintained. The VNINDEX index successfully broke the resistance area of 1,080, also broke the medium-term downtrend, with liquidity increasing sharply. The VNINDEX index has successfully surpassed the MA10 and MA20 lines, thereby confirming the short-term uptrend. Indicators such as RSI and MACD continue to confirm the uptrend at the present.