Vietnam Insight

▶ In Monday's trading session, liquidity decreased sharply, two main indexes decreased, showing negative sentiment of investors.

▶ At the end of the trading session, VN-Index decreased 7.55 points, equivalent to 0.69%, reaching 1,088 points; HNX-Index decreased 2.2 points (0.98%), reaching 223.8 points. Market liquidity reached VND 11.8 trillion, equivalent to about 595 million shares traded. Foreign investors net buy VND 40.8 billion, focusing mainly on HPG and VPB.

▶ Technical perspective: VNINDEX had a boring trading session with a narrow trading range and low liquidity. It can be seen that the market is still moving sideways, building a foundation in the 1080 area - the current support area. The MACD, STOCH and RSI indicators all adjusted significantly, showing that the trend from sideways to down in the coming sessions is high. The reference support levels are at 1080, and beyond is the old bottom at 1030. In addition, in a positive scenario, the market needs to completely surpass 1140 to confirm a new and more obvious uptrend.