Market Recap - VN-Index recovered strongly


▶ During Wednesday's trading session, liquidity remained lower than average. All industry groups in the market simultaneously increased during the session.

▶ At the end of the trading session, the VN-Index increased sharply by 25.51 points, up (2.05%), reaching 1,270.51 points; HNXIndex increased 4.17 points (1.78%), reaching 238.20 points. Market liquidity reached VND26.3 trillion, equivalent to about 982.2 million shares traded.

▶ Technical perspective: VNINDEX has its strongest increase of 25 points since the beginning of 2024, the increase spreading across most of the market. Thus, the market has recovered almost all the points lost on Friday of the previous week. The price momentum indicator has crossed above the signal line, indicating that the uptrend has returned. With this increase, the market has successfully tested the 1,250-point price zone once again and there is a high probability that VNINDEX will head towards the 1,300 zone.

Phuong Nguyen

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