Vietnam Insight

Dear Valued Clients,

We have the pleasure to send you our latest publication.

• Vietnam stock market started the new week with a gap down and selling pressure appeared strongly in the morning session. However, the demand absorbed well, helping VN-Index to end the session with a retreat candle.
• At the end, the VN-Index dropped 11.77 points, equivalent to 0.92% and closed at 1270.8 points. 
• From a technical perspective, VN-Index opened a gap down at the beginning of the session with strong selling pressure but the liquidity increased strongly with good absorption, helping VN-Index to form a retreat candle. The MACD line crosses down the Signal line, showing negative signal.