Market trends - Mixed green
07/03/2023

Summary

- The stock market rallied cautiously, trading still skewed towards struggles. Stocks in the Building Materials industry (Steel, Cement) were the most actively traded in the market.

- At the end of the session, the VN-Index gained 10.7 points (+1.0%), reaching 1037.8 points; HNX-Index also gained 0.9 points (+0.5%), reaching 207.5 points.

- From a technical perspective: The index partially narrowed its gaining momentum when approaching resistance area near MA20-day, equivalent to 1,050 points. This shows that investors are still cautious. Technically, the RSI has improved but is still below 50 along with the MACD, although it is narrowing the gap with the signal line but has not shown any signs of surpassing it, meaning that the money flow is still weak in the current context and the momentum falling still prevail.

Category
Daily
Author
SSV
Details

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