Market Recap – Continue to increase
26/12/2023

Summary

▶ During Tuesday's trading session, the market continued to have a rising session, showing that investors were starting to get excited again.

▶ At the end, VN-Index increased 4.59 points, equivalent to 0.41%, reaching 1,122.25 points; HNX-Index increased 1.81 points (+0.79%), reaching 231.26 points. Market liquidity reached 14.74 trillion VND, equivalent to about 645 million shares traded. Foreign investors net sold 314 billion VND, focusing mainly on VHM and VND.

▶ Technical perspective: The market recovered and increased from the 1,080 area. Currently, the VNINDEX index has crossed most of the MA10, MA20, and MA50 lines, showing a short-term uptrend. In the medium term, the market is maintaining a sideways trend, the market needs to surpass the 1,130 zone to confirm a change to an uptrend. Technical indicators such as MACD and RSI show that the short-term uptrend is being maintained.

Category
Daily
Author
Diem Ngo
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