The current bottom-fishing demand is still weak, so it was likely that the VN-Index will continue to move sideways with low liquidity. Photo: tinnhanhchungkhoan.vn
HÀ NỘI — The market will continue to move sideways this week with low liquidity to gradually form a strong enough accumulation base before returning to the uptrend, analysts said.
The VN-Index was maintaining the recovery span from the support area of 1,286-1,261 points with low liquidity, which was a typical sign for an accumulation period, said analysts from SSI Securities Joint Stock Company (SSI).
“The current bottom-fishing demand is still weak, so it was likely that the VN-Index will continue to move sideways with low liquidity,” they said.