The Top Stocks to Watch at the Start of the Trading Day on August 1st

The VN-Index rebounded after testing the middle Bollinger Band, with trading volumes remaining below the 20-day average. This indicates a continued lack of liquidity in the market. Currently, the Stochastic Oscillator indicates a sell signal, and if the MACD follows suit in upcoming sessions, the risk of a market correction will increase.

The four newly elected members of the Board of Directors are Mr. Nguyen Thanh Tung, Mr. Do Manh Hung, Mr. Vu Anh Tuan, and Mr. Trinh Quoc Thi. Mr. Do Manh Hung was also appointed as the new Chairman of the Board.

Investor sentiment was muted in the final days of the 2024 financial year. This morning’s trading activity by foreign investors hit a record low, with overall market liquidity plunging 34% from the previous session. The stock market witnessed a sea of red, although the majority of stocks experienced only minor fluctuations. A few securities and investment stocks continued to buck the trend, swimming against the tide.

“A deep dive into the recent stock market trends: Unveiling the top gainers and losers as per Vietstock’s statistical insights.”

The VN-Index declined for the third consecutive session, forming an Inverted Hammer candlestick pattern, with volume lagging below the 20-day average. This indicates a persistent cautious sentiment among investors. Notably, the Stochastic Oscillator is poised to potentially generate a sell signal within the overbought territory. Should this occur, it could exacerbate the negative bias for the index in upcoming sessions.