Morning call - VN-Index hits new high since early 2024
25/03/2024

Summary

Stocks in the US finished mixed on Friday as the record-breaking rally fueled by optimism that the Federal Reserve will cut rates three times this year came to a pause. The Dow Jones retreated 305 points after nearing the 40,000 level, while the S&P 500 dipped 0.1%. Meanwhile, the Nasdaq added 0.2%, supported by a 3.1% rise in Nvidia, which helped semiconductor stocks mark their best quarter since 2001. 

 

The VNINDEX closed at 1,281.8 (+5.38 points, +0.42%) with liquidity higher than the average of the last 20 sessions. The market had 248 green stocks and 231 red stocks. The group of stocks contributing to the market's increase were BID, VCB, CTG. The industry groups have strong differentiation. On the other hand, the group of stocks contributing to the market's decline were FPT VNM GAS. Foreigners continued to net sell with a total value of about 400 billion VND.

 

  • World stocks:  Reach a new record high level
  • Vietnam stocks: VN-Index hits new high since early 2024
  • Macro news
  • Business news: #VIX, #TCM, #TRA, #BID, #MWG, #ASM
  • Technical perspective and updated recommendations
  • Event calendar
  • Q&A
Category
Daily
Author
Thao Nguyen
Details

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