Morning call - Bank stocks alone cannot lift VN-Index
09/04/2024

Summary

In regular trading on Monday, the Dow and S&P 500 shed 0.03% and 0.04%, respectively, while the Nasdaq Composite inched up 0.03%.  Those moves came as the 10-year Treasury yield topped 4.4%, keeping investors at bay. Investors now await Wednesday’s consumer price index report for further insight into Federal Reserve monetary policy, as well as other key economic data and the start of the first quarter earnings season.

 

VNINDEX closed at 1,250.35 (-4.76 points, -0.38%) with slightly lower liquidity than the previous session. The market had 112 green stocks and 355 red stocks. The group of stocks contributing to the market's decline included GAS, VRE, and VNM. On the other hand, the group of stocks contributing to the market's increase were BID, CTG, and HDB. Most industry groups fell, with the technology and telecommunications groups falling the most.

 

  • World stocks: Waiting for the CPI report
  • Vietnamese stocks: Bank stocks alone cannot lift VN-Index
  • Macro news:
  • Business news: #HPG, #PLX, #SSB, #TV2, #BAF, #PDR 
  • Technical perspective and updated recommendations 
  • Event calendar
  • Q&A
Category
Daily
Author
Thao Nguyen
Details

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