During the week, VN-Index gained 11.79 points (+0.97%), reaching 1,222.46 points, with 156 advancers and 210 decliners. The average trading value during the week reached VND 28,877 billion, down 28.53% compared to the previous week.

We maintain our view on the possibility of a short-term bottom forming for VN-Index in the 1050–1090-point range, as the market has already priced in the worst-case scenario with a significant decline, bringing the index close to support levels corresponding to the P/E bottoms during the COVID-19 period.

Support zone: 1,160-1,200 points.

Resistance zone: 1,230-1,250 points.

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Please find the attached file below,