Market Report Week 42 - Unpredictable macroeconomic variables, global stock markets fall
20/10/2023

Summary

Key Highlights:

With a total debt obligation of 186 billion USD, Country Garden is one of the most indebted real estate businesses in the world. The company must pay $15.4 million in bond interest before the end of the 30-day grace period ending October 17-18 to avoid being considered insolvent.

Technical view: This week, VNINDEX closed the week at 1,108 (-46.7 points, -4.04%). After last week's recovery session, the market continued to fall sharply at the beginning of the week and rebounded strongly on Friday after testing the fairly reliable support area of ​​1080.

Investment Ideas: In general, the appropriate strategy for traders is to observe further when the market has not accumulated enough. With an investment perspective, this is an area that can be bought when prices have been discounted by more than 12% from the peak of 1250.

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

Page: 9

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