Morning call - The market is consolidating at the resistance level of 1,130
03/01/2024

Summary

In regular trading on Tuesday, the S&P 500 rose 0.42% and the Nasdaq Composite gained 0.54%, scaling their highest levels since January 2022. The Dow also climbed 0.43%, within a hair’s breadth of another all-time closing high. Those moves came as further signs of easing inflationary pressures in the US reinforced interest rate cut expectations from the Federal Reserve next year.

 

VNINDEX closed at 1,131.7 (+1.79 points, 0.16%), with increased liquidity. The market had 197 green and 299 red stocks. The groups of stocks that contributed the most to the market's rise were VCB, ACB, MSN, and VNM. On the other hand, the groups of stocks that contributed to the market's decline were HPG, VPB, and VIC.

 

  • World stocks: Global markets fell as investors took profits.
  • Vietnam stocks: The market is consolidating at the resistance level of 1,130.
  • Business news: #VJC, #GMD, #VPG, #KDH, #IDC, #HVN
  • Key highlights: Overview of the macroeconomic in 2023
  • Technical perspective and updated recommendations
  • Event calendar
  • Q&A
Category
Daily
Author
Tien Le
Details

Page: 14

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File format: pdf

Size: 1.54 MB