Vietnam Insight

- The stock market rallied today. Liquidity on both exchanges recorded at a low level. In which, the banking sector was the most active in the market with 12 gainers and 4 losers.

- At the end of the session, the VN-Index gained 8.11 points (+0.79%), reaching 1,040.54 points; HNX-Index gained 0.85 points (+0.42%), reaching 203.96 points.

- From a technical perspective: The index stayed in green for the second session although the liquidity was still at low level. Currently, the market is also approaching the short-term resistance area around 1,040 - 1,060 points, so the trend will incline to struggle. Technically, the indicators have improved but are still weak and not convincing enough to open a new trend. The index needs a rally to confirm the reversal point, in case the breakout still fails, the drop will still dominate. Investors need to be patient and avoid excitement.