Morning call - Positive reversal signal
03/07/2024

Summary

 In regular trading on Tuesday, the S&P 50 and Nasdaq Composite rallied 0.62% and 0.84%, respectively, while the Dow gained 0.41%. Meanwhile, Federal Reserve Chair Jerome Powell acknowledged progress on inflation but emphasized that the central bank is not yet ready to lower interest rates. On the data front, the JOLTS report showed a slight increase in job openings in May compared to the previous month.

 

VNINDEX closed at 1,269.79 (+15.23 points, +1.21%), liquidity continued to maintain lower than the 20-session average. The market has 296 green codes and 109 red codes. The group of stocks contributing to the market's uptrend includes VCB, BID and LPB, whereas FPT VPB and VRE contributed to the market's downtrend. Most industry groups recovered positively. Foreign investors net sold about VND 36.76 billion.

 

  • World stocks: US new jobs index improves slightly
  • Vietnamese stocks: Positive reversal signal 
  • Macro news
  • Business news: #HoanMy, #HDB, #HAG, #BCM, #HCM, #PTB
  • Technical perspective and updated recommendations #MSB
  • Event calendar
  • Q&A
Category
Daily
Author
Hoang Nam
Details

Page: 13

Lauguage:

File format: pdf

Size: 1.19 MB