In session 4-6, the market fluctuated in a narrow range.
Opening trading on June 4, although VN-Index increased slightly, it quickly faced correction pressure when selling pressure increased, especially in real estate, construction, food and some individual banking stocks.
In the afternoon session, the market continued to trade cautiously, fluctuating within a narrow range. Cash flow shifted to public investment and oil and gas groups, with typical codes such as CTI (+6.07%), NTL (+5.56%) and PVD (+1.57%). However, profit-taking pressure appeared strongly in the last 15 minutes of the session, pushing the VN-Index back to the short-term support zone around the 1,340 point mark.
Immediately afterwards, timely demand appeared, helping VN-Index narrow the decline, closing at 1,345.74 points.
According to Rong Viet Securities Company, the market is facing a resistance zone of 1,345 - 1,350 points. Liquidity on the 4-6 session decreased compared to the previous session, showing the probing psychology of both buyers and sellers. Since the market has not yet broken through the resistance level, the tug-of-war situation may continue in the next trading session.
VCBS Securities Company recommends that investors continue to monitor stock supply and demand signals. For stocks that are under strong selling pressure, they should consider realizing profits. Investors can prioritize partial disbursement into stocks in industries that attract cash flow such as public investment, real estate, securities and electricity.
Source: https://nld.com.vn/chung-khoan-ngay-mai-5-6-giang-co-tiep-dien-196250604170725582.htm
Comment (0)