Market Recap – Chemical groups led the increase


▶ During Thursday's trading session, liquidity decreased. Cash flow has entered the plastic-chemical production and retail groups to continue expanding the market.

▶ At the end of the trading session, VN-Index increased by 8.71 points, equivalent to 0.75%, reaching 1,173.02 points; HNX-Index increased by 1.39 points (0.61%), reaching 230.57 points. Market liquidity reached VND 15.3 billion, equivalent to about 670.2 million shares traded. 

▶ Technical perspective: The market has a good recovery session after today's sharp decline at the EMA 20 - equivalent to 1,160. The STOCH RSI indicator is in the trend of cutting up the signal line, showing that support at the 1,160 support zone is gradually increasing in certainty. With the positive trend and psychology from cash flow, there is a high possibility that VNINDEX will conquer the 1,120 area. Support and resistance are 1,160 and 1,220, respectively.

Vo Thi Thuy Trang

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