Morning call - The upward momentum is spreading strongly


Last week, the Dow and Nasdaq Composite gained 1.4% and 3.3%, respectively, notching their best performances since July. The S&P 500 also added 2.5% for its best week since June. Those gains came as a slowing economy and easing inflationary pressures in the US raised hopes that the Federal Reserve won’t need to raise interest rates further. The latest US nonfarm payrolls report showed the unemployment rate increased to 3.8% in August, the highest since February 2022 and 

The VNINDEX closed at 1,224, up 10.89 points or 0.9%, with 376 green stocks and 125 red stocks. Among the leaders were GVR, BID, and MSN, while GAS and SAB contributed to the market's decline. Foreign investors returned strongly, and liquidity remained at a moderate level. Most industry groups saw gains except for the automotive and component sector, with the chemical group showing the strongest increase.

  • World stocks: The global stock markets are showing mixed movements.
  • Vietnam Stocks: The upward momentum is spreading strongly
  • Business news: Economic update #SLS, #PDR, #GMD, #GIL, #MWG, #NVL
  • Technical perspective and recommendation update  
  • Event calendar
  • Q&A
Hoang Nam

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