MARKET INSIGHTS_28082024

SUMMARY OF SOME KEY POINTS IN THE REPORT

Regarding cash flow, the real estate group was at one point sold off, originating from DIG after information concluded on violations during the equitization and divestment of state capital in this stock. Basically, the violations in the inspection conclusion are not too significant, but generally, they still affect this stock. We usually look at corporate governance issues before evaluating financial factors, and we observe that in Vietnam, generational transitions often cause businesses to face difficulties for a long period. Therefore, we remain cautious in observing DIG and will typically remove it from our watch list for medium-term investment until the concerns are clarified.

According to the “Price Action” analysis method for VN30, we have 09 codes giving buy signals, 10 codes giving sell signals, and 11 codes giving neutral signals. ACB, VIC, TCB, SSI… show positive signals.

According to quantitative statistics, with today’s pattern, in the next trading session, the VN-Index has a 51% probability of increasing and a 54.54% probability of the closing price being higher than the opening price. Based on statistics, the index is expected to increase with the closing price higher than the opening price in Thursday’s trading session. Support is 1,256 points and resistance is 1,300 points.

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