Market Recap - The market continues to increase


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.

Thao Nguyen

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