Shares to move sideways with low liquidity 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. “The VN-Index may return to the uptrend if the index surpasses the resistance area of 1,340 points with the volume rising to the 50-day average,” they said. The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) inched 0.42 per cent higher to close last Friday at 1,299.31 points. The southern market index had lost 3.6 per cent last week. An average of 599.9 million shares were traded on the southern market during each session last week, worth VND19.5 trillion (US$847.8 million) BOS Securities Joint Stock Company (BOS) said that technical indicators had shown mixed signals, forecasting that the VN-Index will fluctuate around 1,290-1310 points in…