Market Recap – Increase at the end of the session
30/01/2024

Summary

The market had a gloomy trading session on Tuesday morning but recovered in the late afternoon.

At the end of the trading session, the VN-Index increased by 3.96 points, or 0.34%, to 1,179.65 points; the HNX-Index increased by 1.62 points (+0.71%), to 230.66 points. Market liquidity reached 13.7 trillion VND, equivalent to about 620 million shares traded. Foreign investors net bought 129 billion VND, mainly focusing on STB and PC1.

Technical perspective: Although the external market had a small increase (due to the differentiation of large-cap stocks), the spread was quite good as the number of green stocks was still higher than the number of red stocks. Money flow showed signs of flowing into other industries such as industrial zones, electrical construction, etc. when the market expected the growth story of these groups. The STOCH RSI indicator has crossed above the signal line from the oversold area, indicating that the upward momentum has returned. The market's uptrend is still well maintained.

Category
Daily
Author
SSV
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