Over the past five trading sessions, the VN-Index has made two attempts to breach the 1,300-point mark, but to no avail. The surge in trading volume during these failed attempts leaves a stark impression of distribution activities.

Patience among sidelined funds snapped any recovery attempts today. Only steeper price dips would reveal larger order volumes. Liquidity remains extremely low after last weekend's session, which could be deemed a positive sign as those most eager to cut losses have already exited.

A surge in trading activity this morning saw a 34% jump in liquidity across both exchanges compared to yesterday, with the breadth of the market showing a widespread upward trend. While the money flow was not distinctly pervasive, it was concentrated on a group of strong stocks. FPT and MSN, for instance, attracted enormous buying power from both domestic and foreign investors, accounting for 23.2% of the total matched value on the HoSE and nearly 37% of the VN30 basket.

A forecast predicts that gold prices could dip to the $2,500/oz region in the coming months, but it's expected to remain elevated through 2025.

The enthusiastic upward momentum in the morning triggered short-term profit-taking trades in the afternoon, creating noticeable pressure. The VNI once again climbed close to the 1300 mark, and a defensive stance emerged.

Although the VN-Index only slightly increased by 3.24 points (+0.25%) during the morning session, the index remained above the reference level for the entire period. This can be attributed to a strong buying force, with investors willing to accept higher prices. Blue-chip stocks are leading the way in terms of both index points and liquidity, accounting for over half of the market.

The stalemate of waiting capital has interrupted any recovery rhythm today. It's only when prices plunge that larger order volumes are revealed. Liquidity remains extremely low following last weekend's session, which could be deemed a positive sign, as those most eager to cut losses have already exited.

A surge in trading activity this morning pushed the matched liquidity of the two exchanges up 34% compared to yesterday's morning session, with the breadth of the rally evident across the board. However, the money flow was not well-spread and was instead concentrated on a group of strong stocks. FPT and MSN received massive buying pressure from both domestic and foreign investors, accounting for 23.2% of the matched value on the HoSE and nearly 37% of the VN30 basket.

Vietnam and China share a deep economic interdependence, with many sectors potentially impacted by this relationship, including aviation, tourism and hospitality, agricultural exports, and the construction industry.

A forecast predicts that gold prices could dip to the $2,500/oz region in the coming months, but it's expected to remain elevated through 2025.