Vietnam Insight

▶ On Tuesday's trading session, the market improved and maintained from the morning session, with the green vibe spreading in most industry groups. Foreign investors also narrowed their net selling momentum. However, market volume enhanced but not significantly, recording lower than the 20-day average.

▶ At the end of the trading session, VN-Index increased 15.23 points (+1.21%), reaching 1,269.79 points; HNX-Index increased 2.24 points (+0.94%), reaching 240.80 points. Market volume reached VND 13.98 trillion, equivalent to about 528.5 million shares traded. Foreign investors were net sold of VND 48.19 billion, focusing mainly on VHM, MWG, HAH.

▶ Technical perspective: VN-Index opened a positive gap up of more than 4 points and continuously extended its upward momentum. Intra-session volume remaining low in recovery sessions is something that often happens during the index's adjustment period. Investors are likely to wait for clearer technical signals to rejoin the market. If the market continues to increase with volume around the low average level and maintains the EMA50, investor sentiment will improve, pushing the market back to the uptrend.

Strategy: Investors should observe and handle violating stocks. Besides, stocks that still maintain EMA 50 and have buy signals will be good choices for the next increase.