Vietnam Insight

▶ In Monday's trading session, liquidity decreased, showing that investor sentiment was hesitant.

▶ At the end, VN-Index increased 2.47 points, equivalent to 0.22%, reaching 1,103.66 points; HNX-Index increased 1.23 points (0.54%), reaching 227.77 points. Market liquidity reached 16.97 trillion VND, equivalent to about 841 million shares traded. Foreign investors net bought 466 billion VND, focusing mainly on SSI and VND.

▶ Technical perspective: VNINDEX opened lower at 1,103 but increased to the reference range after experiencing slight selling pressure at the end of the session. In general, the market is still accumulating in the MA 200 area and we expect the market to trade sideways in the range of 1,080-1,130 in the near future to gain momentum to completely surpass the 1,130 area. Therefore, investors should not chase, but place low bids at support zones.