Market Recap - Liquidity bloomed
04/12/2023

Summary

▶ During Monday's trading session, the market exploded with high liquidity, showing the return of investor excitement.

▶ At the end, VN-Index increased 18.33 points, equivalent to 1.66%, reaching 1,120.49 points; HNX-Index increased 5.05 points (+2.23%), reaching 231.31 points. Market liquidity reached VND 24.23 trillion, equivalent to about 1,121 million shares traded. Foreign investors net sold VND 581 billion, focusing mainly on VHM and VND.

▶ Technical perspective: VNINDEX, after a series of trading weeks with low liquidity, had a good session with significantly improved liquidity in today's session. In addition, this upward momentum has spread strongly to many stock groups and industry groups, showing that cash flow has participated strongly in the market. The price momentum indicator has shown a significant improvement in the market trend.

 

Category
Daily
Author
Diem Ngo
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