Vietnam Insight

In regular trading on Wednesday, the Dow and S&P 500 both rose 0.13%, while the Nasdaq Composite fell 0.32%. Those moves came as minutes of the Federal Reserve’s last meeting showed that members were cautious in lowering interest rates too quickly as inflation stubbornly held above the central bank’s target. The warnings were aligned with much hotter-than-expected CPI and PPI prints released after the Fed’s January meeting, in addition to a strong jobs report. Investors now look ahead to weekly jobless claims data and existing home sales figures on Thursday. 

VNINDEX closed at 1,230.04 (-0.02 points, +0%) with liquidity maintained at a higher level than the average of 20 sessions. The market had 239 green stocks and 262 red stocks. The group of stocks contributing to the market's increase were BCM, FPT and BID. On the contrary, the group of stocks contributing to the market's decline were VHM, VIC and HPG. Industry groups were differentiated, with technology and chemicals groups increasing the most. Foreign investors net bought lightly.

• World stocks: Caution after the Fed's speech
• Vietnam stocks: Slow down at the resistance zone
• Macro news
• Business news: #SIP, #VRE, #FRT, #NVL, #APG, #PNJ
• Technical perspective and updated recommendations
• Event calendar
• Q&A