Market trends - Diverged
16/01/2023

Summary

- The stock market rallied today. Most stocks traded in the green.

- At the end of the session, VN-Index gained 6.51 points (+0.61%), reaching 1,066.68 points; In contrast, HNX-Index dropped 0.38 points (-0.18%), reaching 210.88 points.

- From a technical perspective: The market started the first session of the week in the green although the liquidity remained low. State-owned banks returned as the driving force for the index's gain with BID and CTG leading, and Public Investment continued to show positive trade. However, the spread of money flow was still quite limited and concentrated in a few key stocks. The index is also approaching the resistance area around 1,080 points so it will face many challenges ahead.

Category
Daily
Author
SSV
Details

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