HÀ NỘI — Despite choppy sessions last week, the domestic stock market still posted a weekly gain, with the VN-Index breaking over to the 1,200 point-level. However, the recovery trend is challenged as liquidity stayed low, while investors are likely to be reluctant to return to the market this week after long holidays. Conversely, PV Gas (GAS) had a negative influence on the market, erasing nearly 0.85 points from the VN-Index last week. Technically, the market showed signs of recovery last week, raising expectations of reaching a resistance level of 1,215-1,230 points. The market is expected to experience some fluctuations as it continues its recovery towards the 1,225 point-level.

Source: Viet Nam News May 02, 2024 02:02 UTC