Vietnam Insight

In regular trading on Thursday, the Dow inched up 0.04%, the S&P 500 shed 0.07% and the Nasdaq Composite was unchanged. Those moves came as the latest CPI report showed that the headline inflation exceeded expectations, rising to 3.4%, while the core rate fell less than anticipated to 3.9%. This led investors to slightly lower their expectations for a rate cut by the Federal Reserve in March to around 65% from the previous 70%. 

VNINDEX closed at 1,162.22 (+0.68 points, +0.06%), with liquidity declining from the previous session. The market had 250 green and 221 red stocks. The groups of stocks that contributed the most to the market's rise were EIB, BCM, and BVH. On the other hand, the groups of stocks that contributed to the market's decline were BID, GVR, and VHM. Foreign investors in today's session unexpectedly turned to net buying of 151 billion VND.

• World stocks: Mixed movements ahead of higher-than-expected US inflation data
• Vietnam stocks: The banking sector experiences a correction, the market fluctuates
• Business news:  #TNG, #CTS, #FRT, #MWG, #HPG, #MBS
• Technical perspective and updated recommendations #PET
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