Market Recap - Cautious at the resistance area


▶ On Thursday, trading volume increased compared to the previous session. Large-cap stocks that have increased significantly in the past such as VCB, VIC, BID have reversed and decreased in price.

▶ At the end of the trading session, the VN-Index decreased by 1.82 points (0.15%) to 1,252.73 points; the HNX-Index increased by 0.29 points (0.12%) to 235.46 points. Market liquidity reached VND 26.14 trillion, equivalent to approximately 1,091.2 million shares traded. 

▶ Technical Viewpoint: After 3 consecutive increases, signs of balance between supply and demand have appeared right at the old peak of 2023 at 1,250. Adjustment phases are necessary for a sustainable upward trend. Overall, the overall trend and market sentiment remain unchanged. Investors can completely continue to hold stocks and need to observe further market developments.

Phuong Nguyen

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