Market trends - Precarious
25/05/2023

Summary

- The stock market continued to rise in today's session. Banking, residential real estate were still the big groups with negative movements in the afternoon session, but on the contrary, some other groups such as food, iron and steel, oil and gas or power generation had quite positive movements.

- At the end of the session, the VN-Index increased by 2.84 points (+0.27%), reaching 1,064.63 points; HNX-Index gained 0.82 points (+0.38%), reaching 216.78 points.

- Technical view: The market is still struggling between the price above 1,060 and above the 20 MA which is a positive point. MACD gives price momentum signal on descending momentum when selling pressure is high. The RSI has not yet given a noticeable signal as it fluctuates between the overbought and oversold areas.

Category
Daily
Author
SSV
Details

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