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The Vietnam Daily July 29, 2024

Title The Vietnam Daily July 29, 2024
Category: News daily
Source: Bao Viet Securities
Industry:
Business:
Detail:
29/07/2024
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pdf
English
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Summary:

Heavy selling pressure near the 1,250-point resistance zone caused VnIndex to narrow its gain to 4.49 points (+0.36%), closing at 1,246.60 points. Similarly, HnxIndex gained 0.86 points, equivalent (+0.36%), to 237.52 points.

VnIndex increased in the early trading session of the week, but the upward momentum narrowed towards the end of the session, and trading volume remained low. This suggests that the index may need more consolidation before returning to the upward parallel channel formed since November 2023.

The support zone for VnIndex is at 1220-1225 points.

The resistance zone for the index is at 1255-1260 points.

………………………………………………………………

Please find the attached file below,


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bvsc-the-vietnam-daily-july-29.pdf
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