Morning call - Wait for the right opportunity
14/05/2024

Summary

In regular trading on Monday, the Dow and S&P 500 shed 0.21% and 0.02%, respectively, while the Nasdaq Composite rose 0.29%. The Dow also snapped an 8-day winning streak. A New York Federal Reserve report showed that consumers’ inflation expectations over the short and long term increased in April, denting market sentiment. Investors now look ahead to PPI data on Tuesday and the CPI report on Wednesday for fresh insights on price trends. Markets also await retail sales figures and Fed Chair Jerome Powell’s remarks on Tuesday.

 

VNINDEX closed at 1,240.18 (-4.52 points, -0.36%) with liquidity decreasing slightly compared to the previous session. The market has 203 green codes and 233 red codes. Groups of stocks contributing to the market's decline include VCB, CTG, and BID. On the contrary, the group of stocks contributing to the market's increase are VPB, GVR and VJC. Foreign net selling is about - 852 billion.

 

  • World stocks: High inflation expectations cause the market to decline
  • Vietnamese stocks: Wait for the right opportunity
  • Macro news
  • Business news: #PTI, #SSI, #MWG, #APH, #HNA, #LTG, #APH, #NVL
  • Technical perspective and updated recommendations 
  • Event calendar
  • Q&A
Category
Daily
Author
Hoang Nam
Details

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