Market Recap - Steel stocks lead VN-Index


▶ On Tuesday's trading session, liquidity improved slightly in the uptrend. The basic materials group attracted attention with many leading stocks surging and sudden liquidity.

▶ At the end of the trading session, the VN-Index increased by 13.29 points (1.09%) to reach 1,237.46 points; The HNX-Index increased by 2.51 points (1.08%) to reach 235.38 points. Market transaction value reached VND 23.06 trillion, corresponding to approximately 986.9 million shares traded.

▶ Technical perspective: The market created a strong bullish gap and maintained it until the end of the session with the closing price reaching the highest level, which shows the excitement in the trading session. Thereby, the market officially confirmed to break through the previous resistance zone of 1,230 and headed towards the 1,250 area. Indicators such as RSI, MACD continue to show the short-term and medium-term upward trend of the market. Improved liquidity shows consolidation of the short-term uptrend. 

Phuong Nguyen

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