Vietnam Insight

- The stock market rallied strongly today. Most stocks traded in the green. The securities industry was the most prominent trade in the market when the group had 23 gainers and only 1 loser.

- At the end of the session, the VN-Index gained 27.38 points (+2.58%), reaching 1,086.69 points; HNX-Index gained 5.88 points (+2.80%), reaching 215.83 points.

- From a technical perspective: The index broke out of MA20-day resistance around 1,080 points with matched orders exceeding 20-session average. The MACD is also close to crossing the signal line along with the RSI recovering above 50, meaning that the trend is healthy. In general, the index has partly regained its gaining momentum, however, the psychological resistance of 1,100 points is quite near, therefore, investors who have accumulated previous positions can hold and wait for more reaction at 1,100 point area.