03
10月
Market commentary: Still low liquidity
Selling pressure decreased strongly in the recent sessions but demand is still weak, causing the stock market to close around the reference point with liquidity remaining at a low level. This means investors’ sentiment is still quite cautious. Besides, the downside risk is still intact due to the VNIndex maintaining to end below the 50-period moving average. Therefore, investors should reduce a portion of stocks in their portfolio to the safety threshold and wait for the next signal.