Market Recap - Strong fluctuations in ATC session
30/11/2023

Summary

▶ During Thursday's trading session, the market suddenly dropped sharply in the ATC session, showing that investor sentiment was still confused.

▶ At the end of, VN-Index decreased 8.67 points, equivalent to 0.79%, reaching 1,094.13 points; HNX-Index decreased 0.88 points (-0.39%), reaching 226.15 points. Market liquidity reached 14.67 trillion VND, equivalent to about 723 million shares traded. Foreign investors turned to net sell 374 billion VND, focusing mainly on VNM and MSN. 

▶ Technical perspective: : VNINDEX decreased and has not yet shown a clear trend as the closing price is still around the 1080 range. . In general, the market is still fluctuating in the 1080 - 1130 range so it is still unclear whether the uptrend has returned. It is expected that in the base scenario, the market will move sideways to firmly accumulate the 1080 area. And when the market exceeds 1140, it will open a strong upward wave towards the 1250 area. Support and resistance are 1080-1130, respectively

Category
Daily
Author
Diem Ngo
Details

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