Market Recap - Bounce back after a break


▶ During Monday's trading session, liquidity returned to the average level. Export and chemical groups attracted attention, with many stocks ended the session at ceiling price.

▶ At the end of the trading session, VN-Index increased 12.17 points, up (1.00%), to 1,224.17 points; HNX-Index increased 1.79 points (0.77%), reaching 232.86 points. Market liquidity reached VND 20.96 trillion, equivalent to about 889.7 million shares traded.

▶ Technical perspective: After a 15-point drop last Friday, the market made an effort to regain 12 points in today's rally. The uptrend is still maintained, but price momentum indicators have shown signs of weakness. In the base scenario, VNINDEX will move sideways to form a base around the 1,220 area, waiting for the EMA 20 to rise, to gain momentum to conquer the old peak of 1,250. However, there is still a possibility that the market will fall to the 1,200 area corresponding to EMA 20 to retest

Phuong Nguyen

Page: 5


File format: pdf

Size: 1.21 MB