Morning call - Historic rally of VCB


In regular trading on Wednesday, the Dow shed 0.06% for its third straight day of decline, while the S&P 500 and Nasdaq Composite lost 0.17% and 0.55%, respectively. Those moves came as investors reacted to the latest commentary from Fed officials who largely indicated the need for patience before shifting monetary policy. Meanwhile, the second estimate for Q4 2023 revealed a 3.2% annualized growth in the US economy, slightly below the initial projection of 3.3%


VNINDEX closed at 1,254.5 (+17.09 points, +1.38%) with liquidity maintained at a level higher than the average of 20 sessions. The market had 309 green stocks and 180 red stocks. The group of stocks contributing to the market's uptrend were VCB, BID and VPB. On the contrary, the group of stocks contributing to the market's decline were CTG, VGC. Most sectors increased, of which the banking sector increased the strongest with VCB stock closing at the ceiling price.


  • World stocks: A small correction in the market
  • Vietnam stocks: Historic rally of VCB
  • Macro news
  • Business news: #MWG, #VHM, #HSG, #HPG, #QNP, #VCB
  • Technical perspective and updated recommendations #OCB, #MWG
  • Event calendar
  • Q&A
Hoang Nam

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