Market Report Week 38 - Short-term downtrend
22/09/2023

Summary

Key Highlights:

At the meeting on September 20, the US Federal Reserve decided to keep the interest rate unchanged in the range of 5.25% - 5.5%, and also signaled that interest rates may increase one more time before the end of 2023.

Technical view: In this week, VNINDEX closed the week at 1,193 (-34 points, -2.80%), liquidity at the 20-week average. Demand gradually appeared in the 1,180 area, contributing to pulling the market to close at 1,193, showing that the long-term uptrend of the market can continue to be maintained.

Investment Ideas: In a downtrend, strong stocks will be more stable than the general market average. We evaluate the industrial park real estate industry and export-related industries as potential industries, ready to take the lead when the market recovers.

  • Movement of cash flows and capital flows
  • Top stocks worth noting
  • Macro data
Category
Weekly
Author
Tien Le
Details

Page: 9

Lauguage:

File format: pdf

Size: 697.62 KB