Morning call - Liquidity continued to decline


In regular trading on Tuesday, the Dow rose 0.48%, the S&P 500 gained 0.46% and the Nasdaq Composite climbed 0.7%, with all three benchmarks marking their fourth straight day of gains.  Investors also reacted to data showing US consumer inflation came largely in line with expectations for November. Meanwhile, the Fed is widely anticipated to hold rates steady on Wednesday, but traders will focus on Fed Chair Jerome Powell’s commentary for clues into how rate cuts can be expected. The annual inflation rate in the US slowed to 3.1% in November 2023, the lowest reading in five months, from 3.2% in October and in line with market forecasts.


VNINDEX closed 1,127.63 (+2.1 points, +0.19%) with liquidity continuing to dry up. The market has 248 green codes and 222 red codes. The group of stocks that contributed the most to the market's increase were HPG, BID, FPT, on the contrary, MSN, VNM, and BCM pulled the market down. Foreign investors continue to be net sellers but the level has decreased significantly. Proprietary trading continues to be a net seller.


  • World stocks: Inflation data is as expected
  • Vietnam stocks: Liquidity continues to decline
  • Business news: #HDG, #EIB, #MWG, #C4G, #VJC, #BFC
  • Highlights: Foreign investors are net sellers?
  • Technical perspective and updated recommendations
  • Event calendar
  • Q&A
Hoang Nam

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