Morning call - The market lacks the momentum to rise


In regular trading on Thursday, the Dow surged 1.5%, the S&P 500 added 0.4%, while the Nasdaq dipped 0.2%, propelled by a remarkable 9.2% jump in Salesforce shares and a slowdown in PCE inflation measures. October saw a deceleration in all PCE inflation measures, coupled with a moderation in personal spending, while continuing jobless claims reached a two-year high. 

VNINDEX closed at 1094 (-8.6 points, -0.79%) with lower liquidity than the average of 30 sessions. The market had 138 green and 362 red codes. The group of stocks that contributed the most to the market's rise included VGC GVR SJS. On the other hand, MSN VIC HPG pulled the market down. Most sectors fell sharply. Foreign investors turned to net selling, with self-employed trading being insignificant.

  • World stocks: US stocks rise, led by technology stocks
  • Vietnamese stocks: The market lacks the momentum to rise
  • Business news: #VND, #FRT, #PVS #TCB #POM, #HHV
  • Technical perspective and updated recommendations
  • Event calendar
  • Q&A
Hoang Nam

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