Vietnam Insight

- The stock market rallied today. The total trading value on the three exchanges stood at VND 9,428 billion; with 548 million shares changing hands. The Vietnamese stock market is following the trend of the Asian market.

- At the end of the session, the VN-Index gained 9.33 points (+0.91%), reaching 1,032.43 points; HNX-Index gained 1.49 points (+0.74%), reaching 203.11 points.

- From a technical perspective: The index bounced back today to close in the green when approaching the support area of 1,020 - 1,000 points. The RSI improved but is still below 50 along with the MACD has not recovered clearly, meaning that bearish inertia still prevails. The current resistance is at 1,050 points, investors may consider lowering their weight in the recovery pace and watch further developments when the market approaches the resistance level.