Vietnam Insight

▶ On the Monday's trading session, the stock market rebounded sharply after a continuous decline in trading sessions last week. However, the matching volume was still much lower than the 20-session average threshold, proving that bottom-fishing demand is still weak.

▶ At the end of the trading session, the VN-Index increased 15.37 points (+1.31%), reaching 1,190.22 points; HNX-Index increased 4.51 points (+2.04%), reaching 225.31 points. Market volume reached nearly VND 16.0 trillion, equivalent to about 708.6 million shares traded. Foreign investors were net sold VND 239.73 billion, focusing mainly on FUEVFVND, MWG, VIC.

▶ Technical perspective: VN-Index witnessed a technical recovery session, the market increased more than 15 points. The positive point in today's session is the widespread upward momentum, the highlight coming from the stock flow. The market needs more sessions to clearly determine the trend. In a positive scenario, VN-Index will enter the balance zone in the range of 1,150 - 1,190 to create a bottom for the next uptrend.

Strategy: Investors take advantage of the recovery period to handle stocks with technical violations, comply with discipline and prioritize capital protection.