Market trends - Retreat
30/01/2023

Summary

- The stock market fell today. Most stocks traded in the red, liquidity was quite good. Banking was the most negative trade today with 18 codes decrease out of 20.

- At the end of the session, the VN-Index lost 14.53 points (-1.30%), reaching 1,102.57 points; HNX-Index gained 0.02 points (+0.01%), reaching 220.78 points.

- From a technical perspective: Profit taking pressure prevailed in the session pushing the market to close in red creating a marubozu candlestick pattern. Matching today was above 20 session average and higher than previous sessions, showing active selling. It is likely that the index might drop back to retest the psychological level of 1,100 points and the fluctuation will be inclined to shake.

Category
Daily
Author
SSV
Details

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