Tag: transport

Last week saw a notable decline in transactions, with a significant outflow of funds from the real estate sector. Smaller and mid-cap stocks also suffered a similar fate, experiencing a withdrawal of investment funds.

The market closed with positive gains, seeing the VN-Index rise by 1.87 points (+0.15%), reaching 1,219.12. Meanwhile, the HNX-Index climbed 3.52 points (+1.68%) to 213.1. The market breadth tilted in favor of bulls, with 571 advancing stocks against 229 declining ones. Within the VN30 basket, bulls dominated, recording 20 gainers, 6 losers, and 4 stocks closing flat.

The VN-Index concluded the session with a surprisingly narrowed advance, while the trading volume surpassed the 20-day average. This development underscores the persistent selling pressure that emerged as the index approached the January 2025 resistance zone (equivalent to 1,220-1,235 points). If the VN-Index fails to successfully breach this threshold in the upcoming period, the risk of a correction will become more apparent as profit-taking selling pressure tends to expand.