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The Vietnam Daily August 28, 2024

Title The Vietnam Daily August 28, 2024
Category: News daily
Source: Bao Viet Securities
Industry:
Business:
Detail:
28/08/2024
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pdf
English
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Summary:

VnIndex continued to consolidate within a narrow range. VnIndex gained 0.88 points (0.07%) and closed at 1,281.44. In contrast, HnxIndex lost 0,68 points (-0.28%), down to 238.23 points. The trading value on HOSE and HNX reached VND 16,332.6 and VND 1,107 billion, respectively.

VnIndex continued to fluctuate sideways as momentum indicators on both daily and intraday charts are in an overbought state. The index will need to break above the middle line of the upward parallel channel formed since the end of October 2023, corresponding to the price range around 1281-1285 points, before it can resume its uptrend.

The support zone for VnIndex is at 1250-1260 points.

The resistance zone for the index is at 1295-1320 points.

………………………………………………………………

Please find the attached file below,


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bvsc-the-vietnam-daily-august-28.pdf
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