Tag: 955 billion investment

The VN-Index extended its recovery efforts from the latter half of the morning session into the afternoon, posting a gain of 3.44 points to close at 1,270.35 on February 13. This came despite a notable corrective phase just before 2 pm. The HNX-Index and UPCoM also ended the session in positive territory, with the former climbing 0.2 points to 229.52 and the latter advancing 0.93 points to 97.74.

The VN-Index managed to stay in the green at the end of a volatile and tug-of-war afternoon session. While the market opened with a broad rally, it turned slightly "redder" as the session drew to a close.

The VN-Index's ascent narrowed amid sustained above-average trading volumes. This indicates persistent selling pressure as the index retests the old peak from December 2024 (around 1,270-1,285 points). Unless this dynamic changes in upcoming sessions, breaking out of this range seems unlikely. Notably, the Stochastic Oscillator is venturing deeper into overbought territory. Should a sell signal emerge and push the index out of this region, the risk of a downward correction heightens.