Market commentary

29
May
Market commentary: Mild volatility
Although the market continued to gain, signs of profit-taking emerged as the index approached its previous peak for the year. This development reflects a more cautious sentiment at elevated price...

28
May
Market commentary: Continued uptrend
The market ended the session with gains accompanied by rising liquidity - suggesting that the uptrend may continue. However, as the index approaches the Mar/2025 peak, profit-taking pressure could emerge....

27
May
Market commentary: Cash inflows return
The index is approaching the 1,340 pts, which marks the peak established in Mar/2025. The re-test of this strong resistance zone may lead to range-bound or choppy movements. Hence, investors...

26
May
Market commentary: Retracement phase?
A retracement trend appears to be gradually returning as the index continues to struggle to break through the Mar/2025 resistance level. At the same time, market liquidity is showing signs...

23
May
Market commentary: Correction pressure
Profit-taking pressure became more pronounced as the index approached the peak set in Mar/2025, preventing a breakout. In the short term, correction risks remain present and may persist in the...

22
May
Market commentary: Continued momentum
Cash inflows continued to support the market, helping the index maintain its upward momentum with two consecutive gaining sessions. However, as the VNIndex approaches its March/2025 peak around the 1,340...

21
May
Market commentary: Market rebound
The market showed a strong recovery with rising liquidity, indicating improving investor sentiment. However, the current rebound remains insufficient to confirm a short-term trend reversal. Hence, investors are advised to...

20
May
Market commentary: Real Estate bucked the market trend
Despite the recent pullback, the index remains above most key moving averages, indicating that the upward trend has not been fully disrupted and short-term buying interest still persists. Hence, investors...

19
May
Market commentary: Supply pressure dominates
Although the index remains above most key moving averages, the strong intraday selling pressure is a noteworthy signal, suggesting potential downside risk. Hence, investors are advised to remain cautious and...