Summary
- The stock market fell today. Cash flow into the market reached the highest level in 2 months when the matching liquidity on HOSE increased sharply to over VND 15 trillion.
- Ending the session, the VN-Index dropped 9.95 points (-0.92%), reaching 1,070.91 points; HNX-Index dropped 1.15 points (-0.54%), reaching 211.43 points.
- Technical perspective: The market reversed after hitting the resistance at 1,080 – which corresponds to the upper Bollinger Band. The RSI has turned around and the %K line has cut down to %D of the Stochastic line, showing negative signal. The VNINDEX in general is still stable without breaking the support level of 1,060, however, investors should pay attention to the next sessions.
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