Report

6PM Call: Bull domination

  • The intraday trading was blooming more than the recent recoveries, reflected in cash flow actively supporting the market, and selling pressure was tightened.
  • Although the market will likely shake vigorously in the next session, with the current support signal, the market will probably have a recovery, with the resistance area being the decreasing Gap area 1,060 – 1,080.

Although there was poor performance in the previous session, the market entered the new session with only a slight decrease. It quickly turned to gain—the market movement contrasted with the last session with a substantial increase in the Banking group. VN-Index gained 28.61 points (+2.84%) and closed at 1,034.81 points. Liquidity decreased slightly, with 532.9 million shares matched on HOSE.

The VN30 group outperformed the general market thanks to the strong bounce of the large-cap group and ended the session up 3.32%. Among the group, there were 27 gainers with 7 tickers hitting the ceiling price, including ACB (+6.9%), HPG (+6.9%), MBB (+6.9%), STB (+6.9%), BID (+6.8%) ... On the other side, only PDR (-0.3%) dropped slightly.

Provider
Viet Dragon Securities
Viet Dragon Securities

Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.

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Analysts
Phuong Nguyen

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