Morning call - Technical Recovery


In regular trading on Wednesday, the Dow rose 0.67%, the S&P 500 gained 1.05% and the Nasdaq Composite rallied 1.64%. The Federal Reserve kept the target range for the federal funds rate at its 22-year high of 5.25%-5.5% for a second consecutive time in November, reflecting policymakers' dual focus on returning inflation to the 2% target while avoiding excessive monetary tightening.

VNINDEX closed at 1,039.6 points (+11.4 points, 1.12%) with low liquidity. The market recovered with 319 green codes and 177 red codes. Foreign investors suddenly continued to buy even more strongly than the previous session, with a slight net buying. The group of stocks that increased strongly and contributed to the increase in VNINDEX were VCB HPG and VNM, on the contrary, MWG VHM decreased the most. Most industry groups recovered, most notably financial services and resources.

  • World stocks: The Federal Reserve decided to keep interest rates unchanged, technical recovery from the global stock market
  • Vietnam stocks: Technical Recovery
  • Business news: #FLC, #CTF, #MWG, #HPX, #PDR, #DXG
  • Technical perspective and updated recommendations
  • Event calendar
  • Q&A
Hoang Nam

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