Report

6PM Call: Late-session supply pressure

  • Cash flow in general was still cautious when the market rallied. Supply pressure did increase yet it was not drastic when the market dropped quite deeply.
  • It is expected that the market will continue to be in dispute around 1,050 points of VN-Index in the next session. However, the market's weakness is still presenting and it may retreat to test supply and demand at the support area around 1,040 points, which is also the lower boundary of the price channel.
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.

RongViet Research reports are diversified and abundant, along with in-depth analysis and performed by experienced, highly-qualified and knowledgeable teams. With the objectives of transparency, accurate and timely manner, RongViet believes that our products would always be important sources of information for customers/investors’ investment decisions.

Analysts
Phuong Nguyen

Other Reports from Viet Dragon Securities

ResearchPool Subscriptions

Get the most out of your insights

Get in touch