Market Recap - Steel stocks are gaining attention


During Thursday's trading session, liquidity increased. Cash flow has begun to rotate to basic materials and industrial groups to continue to pull the market.

At the end of the trading session, VN-Index increased 3.97 points, equivalent to 0.33%, reaching 1,202.50 points; HNX-Index increased 1.71 points (0.74%), reaching 232.75 points. Market liquidity reached VND19.4 trillion, equivalent to about 868.7 million shares traded. 

Technical perspective: Vnindex closed with a spinning top candlestick pattern, showing the struggle between buyers and sellers. The index's correction at the end of the session shows the market's shaking after surpassing the resistance area of 1,200. Overall, the market still maintains an uptrend in the medium term with technical indicators such as RSI and MACD continuing to strengthen the market's upward momentum.

Phuong Nguyen

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