VN-Index inks March's last session in blue with ninth straight gaining session

April 01, 2023

HÀ NỘI — The VN-Index closed at a one-month high in the first quarter’s last trading session, supported by strong buys of both domestic and foreign traders. On the Hồ Chí Minh Stock Exchange, the VN-Index ended up 0.49 per cent at 1,064.64 points, extending its rally streak to nine consecutive sessions. However, cash flow from foreign investors decreased, meaning domestic investors increased their transactions which was a positive signal. Therefore, the market is still likely to gain in the next session to retest supply and demand at the resistance zone of 1,060 – 1,065 points. “However, it is still necessary to watch out for supply pressure at the resistance zone,” said Phương Nguyễn, a market analyst at Việt Dragon Securities Co, in a note.

The source of this news is from Vietnam News

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