Vietnam Insight

▶ During Wednesday's trading session, liquidity increased slightly, two main indexes increased, showing positive investor sentiment.

▶ At the end of the trading session, VN-Index increased by 12.77 points, equivalent to 1.15%, reaching 1,122.50 points; HNX-Index increased by 0.45 points (0.20%), reaching 227.88 points. Market liquidity reached VND 19.6 trillion, equivalent to about 938 million shares traded.

▶ Technical perspective: VNINDEX followed international stocks, opening up at 1,122 points and at one point reaching 1,132 points. At the end of the session, the market formed a doji candle with the closing price close to the opening price, showing that investors' profit-taking selling pressure was always ready and the demand for buying was also cautious. However, the market's recovery trend from the bottom still remains. We expect the market accumulates in the MA 200 area in the near future to regain strong upward momentum in 2024.