Vietnam Insight

- The stock market fell today. In which, MSN, GAS, CTG are the 3 codes with the worst impact on VN-Index.

- At the end of the session, the VN-Index dropped 6.51 points (-0.63%), reaching 1,034.85 points; HNX-Index dropped 2.07 points (-1.00%), reaching 204.69 points.

- Technical perspective: The index is moving in the correcting phase with downward momentum dominating. Technical indicators have not improved much. Except that the RSI is falling to the oversold zone which could prompt a short-term rally, however, this is only a technical reaction. The nearest support for the trend is the 1,020 - 1,000 point area while the resistance is at 1,050 points. After lowering the weight in the previous recommendation, investors should be patient and observe the market more.