Market Recap – Cash flow withdrawn from the bank?


▶ During Tuesday's trading session, liquidity increased, two main indexes increased, showing positive investor sentiment.

▶ At the end of the trading session, VN-Index increased by 9.00 points, equivalent to 0.78%, reaching 1,163.12 points; HNX-Index increased by 1.95 points (0.86%), reaching 229.50 points. Market liquidity reached VND 13.1 trillion, equivalent to about 661 million shares traded. 

▶ Technical perspective: The market recorded a good recovery when the VNINDEX index rebounded after touching the MA10 line. The market close with the Marubozu candle showed that strong buying pressure maintained during the session. In the short term, the market is undergoing an accumulation process in the area from 1,155 - 1,160. The decrease in liquidity in recent sessions shows that the short-term uptrend has slowed down and turned to a sideway trend.

Vo Thi Thuy Trang

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