Market Recap - The last-minute gains


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


▶ At the end of the trading session, VN-Index increased 3.03 points, equivalent to 0.27%, reaching 1,125.5 points; HNX-Index increased 1.69 points (0.74%), reaching 229.5 points. Market liquidity reached VND 14.7 trillion, equivalent to about 687 million shares traded. Foreign investors net sell VND 125 billion, focusing mainly on VHM and MWG.


▶ Technical perspective: VNINDEX formed a good bullish candle throughout most of today's session. The decline in liquidity showed that sellers were weak, while buyers were still cautious about new disbursements. Thus, the market officially exceeded MA200, opening up many new disbursement opportunities. However, there will still be an immediate resistance level corresponding to the MA50 and Fibo 0.5 areas at 1140 for the market to officially enter a major uptrend.

Thao Nguyen

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