Market Recap - VN-Index slowly makes progress


▶ During Thursday's trading session, liquidity continued to be below average. Industry groups with the presence of large capitalization stocks increased well in today's trading session.

▶ At the end of the trading session, VN-Index increased 7.09 points, up (+0.55%), reaching 1,290.18 points; HNX-Index increased 1.07 points (+0.44%), reaching 243.92 points. Market liquidity reached VND 25.9 trillion, equivalent to about 1,012.2 million shares traded.

▶ Technical perspective: The VNINDEX continued to maintain a good upward trend with the banking sector leading the way. Foreign selling pressure was quite strong but was still well absorbed by domestic investors. Overall, the market has continued its upward trend after accumulating in the range of 1,230-1,280 points. Investors should note this area as a support zone in the near future. And consider the next resistance levels at 1,300 and 1,400 points, respectively.

Phuong Nguyen

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