Market Recap - Airline stocks take off
04/03/2024

Summary

▶ During Monday's trading session, liquidity improving from last session. The travel and leisure group attracted attention with the rising momentum of HVN - Vietnam Airlines shares.

▶ At the end of the trading session, the VN-Index increased slightly by 3.13 points, up (0.25%), reaching 1,261.41 points; HNXIndex increased slightly by 0.95 points (0.40%), reaching 237.38 points. Market liquidity reached VND28.6 trillion, equivalent to about 1,183.1 million shares traded.

▶ Technical perspective: During the trading session, there were times when the market increased more than 10 points but in the end closed with a slight increase of 3 points. This shows that selling pressure is always present and ready to take profits when the stocks reaches high prices. In the short term, the market is still maintaining an uptrend with growing volume. Technical indicators such as MACD and RSI still maintain a positive state.

Category
Daily
Author
Phuong Nguyen
Details

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