Morning call - Market rotates, trying to hold points
21/02/2024

Summary

In regular trading on Tuesday, the Dow shed 0.17%, the S&P 500 lost 0.6% and the Nasdaq Composite tumbled 0.92%, with all three benchmarks sliding for the second straight day. Ten out of the 11 S&P sectors ended lower, led to the downside by technology, consumer discretionary and energy. Markets also look ahead to the latest Federal Reserve minutes for clues on the path for monetary policy.

 

VNINDEX closed at 1,230.06 (+5.09 points, +0.42%) with liquidity maintained at a level higher than the average of 20 sessions. The market had 245 gainers and 231 losers. The group of stocks contributing to the market's upward trend included VCB, VIC and GVR. On the other hand, the group of stocks contributing to the market's decline included GAS, VPB and CTG. The Vin group of stocks continued to play a role in supporting the market. Foreign investors continued to net buy for the second consecutive session at 135 billion VND.

 

  • World stocks: Global stock market is slightly down, waiting for the minutes of the FED meeting
  • Vietnam stocks: Market rotates, trying to hold points
  • Macro news
  • Business news: #STB, #POM, #VGC, #ELC, #DPM, #MCM
  • Technical perspective and updated recommendations
  • Event calendar
  • Q&A

 

Category
Daily
Author
Tien Le
Details

Page: 13

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File format: pdf

Size: 1.28 MB