Morning call - Prioritizing risk management
08/04/2024

Summary

Last week, the Dow fell 2.3%, the S&P 500 lost nearly 1% and the Nasdaq Composite dipped 0.8%, with all three benchmarks pulling back from all-time highs. However, US stocks gained on Friday as stronger-than-expected jobs data provided more evidence that the economy remains robust, which bodes well for corporate earnings growth. Investors now look ahead to the March consumer and producer price index reports due later this week, and another hot inflation reading could prompt the Federal Reserve to hold off on rate cuts.

 

VNINDEX closed at 1,255.11 (-13.14 points, -1.04%) with liquidity increasing by about 5% compared to the previous session. The market had 116 green stocks and 381 red stocks. The stocks that contributed to the market's decline were GVR VCB BID. On the other hand, the stocks that contributed to the market's increase were HVN NVL and VPB. Most sectors declined, with the basic materials and financial sectors falling the most.

 

  • World stocks: Worries about the Fed delaying rate cuts
  • Vietnamese stocks: Prioritizing risk management
  • Macro news
  • Business news: #VIC, #BVB, #TCM, #NVL, #VNM, #MSN
  • Technical perspective and updated recommendations 
  • Event calendar
  • Q&A
Category
Daily
Author
Hoang Nam
Details

Page: 13

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File format: pdf

Size: 1.22 MB