The market continues its downtrend with increasing liquidity. VN-Index dropped 10.6 points (-0.8%), to 1,306.86 points. Similarly, HNX-Index lost 3.14 points (-1.32%), to 235.06 points. Trading values on HOSE and HNX were VND 21,205.64 billion and VND 973.29 billion, respectively.

We believe the current market downturns are just short-term corrections within a medium-term upward trend. These short-term corrections are necessary for the market to absorb current risks and allow stocks to establish new price bases before transitioning into a more positive movement phase in the near future.

Support zone: 1,295-1,300 points.

Resistance zone: 1,315-1,320 points.

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Please find the attached file below,