Market trends - Liquidity lost
14/02/2023

Summary

- The stock market fell today. Most stocks traded in the red. Today is the day HOSE has the lowest liquidity in the past 27 months.

- At the end of the session, the VN-Index dropped 5.06 points (-0.48%), reaching 1,038.64 points; On the contrary, HNX-Index gained 0.37 points (+0.18%), reaching 204.86 points.

- From a technical perspective: Hesitancy still dominates investors in the current period of lack of supporting information. Although the money flow flourishes at the beginning of the session, the selling quickly overwhelmed again so the market continued to close in the red. Order matching fell to a low level, showing caution and reticence in the buying direction. The index hovering below the 50-day MA has not given clear signals and supply and demand are still struggling to find direction. Therefore, the right strategy is to be patient and maintain observation state.

Category
Daily
Author
SSV
Details

Page: 5

Lauguage:

File format: pdf

Size: 6.12 MB