Morning call - The market struggled after surpassing the resistance level of 1,200
16/02/2024

Summary

In regular trading on Thursday, the Dow jumped 0.91%, the S&P 500 gained 0.58% and the Nasdaq Composite added 0.3%. Ten out of the 11 S&P sectors finished higher, led by energy, real estate and materials. Those moves came as US Treasury yields declined for the second straight day on Thursday. Traders also continued to assess the direction of the US economy following this week’s hotter-than-expected inflation report and weak retail sales data.

 

VNINDEX closed 1,202 (+3.97 points, +0.33%) with increased liquidity compared to the previous session, higher than the 20-session average. The market has 321 green tickers and 153 red tickers. Stock groups contributing to the market's increase include MBB, TCB and HPG. On the contrary, the stock groups contributing to the market's decline were ACB, CTG, and GVR. The market has increased at a relative level for most industries.

 

  • World stocks: Treasury bond yields continue to decline
  • Vietnam stocks: The market struggled after surpassing the resistance level of 1,200
  • Macro news
  • Business news: #DGC, #QCG, #HAG, #KBC, #FMC, #NBB
  • Technical perspective and updated recommendations
  • Event calendar
  • Q&A
Category
Daily
Author
Tien Le
Details

Page: 13

Lauguage:

File format: pdf

Size: 1.45 MB