Morning call - The market rebounded after touching the MA200 accumulation zone
09/10/2023

Summary

Wall Street closed sharply higher on Friday, boosted by mega-cap stocks as traders assessed a fresh job report. The data showed that US payrolls increased the most in eight months in September, signaling a tight labor market but the wages grew slower. The Dow Jones finished 287 points higher after an earlier 270-point loss while the S&P 500 and the Nasdaq rose 1.2% and 1.6%, respectively. For the week, the Dow ended slightly higher, while the S&P 500 gained 0.6% and the Nasdaq 1.3%.

 

VNINDEX closed 1,128 (+14 points, +1.32%) with liquidity at the same level as the previous session. The market recorded a recovery after the previous session's decline. Foreign investors were net buyers slightly at VND 135 billion.

 

  • World stocks: Recovery trend
  • Vietnamese stocks: The market rebounded after touching the MA200 accumulation zone
  • Business news #VND, #ACB, #DGW, #MSN, #TAR, #FMC
  • Technical perspective and updated recommendations
  • Event calendar
  • Q&A
Category
Daily
Author
Tien Le
Details

Page: 12

Lauguage:

File format: pdf

Size: 1.56 MB