Morning call - The market is moving sideways, accumulating in the MA200
11/12/2023

Summary

All three major averages rose 0.4% on Friday, with the S&P 500 hitting a new 2023 high, boosted by upbeat economic data. New data showed that nonfarm payrolls in the US rose more than expected by 199 thousand in November and the unemployment rate fell to a four-month low of 3.7%, dampening expectations that the Fed will cut interest rates. capacity in early spring 2024.

 

VNINDEX closed at 1,124.44 (+2.95 points, +0.26%) with liquidity at an average level of 20 sessions with a transaction value of VND 17 trillion. The market has 283 green codes and 221 red codes. The group of stocks that contributed the most to the market's increase were BID, MSN, MWG. In the opposite direction, VCB, VJC, and LGC pulled the market down. Foreign investors recorded a strong net selling of VND 449 billion, focusing mainly on VHM, STB, FUEVFVND

 

  • World stocks: World markets increased slightly after the US employment report
  • Vietnamese stocks: The market is moving sideways, accumulating in the MA200
  • Business news: #VIX, #VCB, #ACG, #HPG, #HCM, #DPG
  • Technical perspective and updated recommendations
  • Event calendar
  • Q&A
Category
Daily
Author
Tien Le
Details

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