Summary
In regular trading on Wednesday, the Dow rose 0.59% to close above the 41,000 mark for the first time ever. Meanwhile, the S&P 500 and Nasdaq Composite dropped 1.39% and 2.77%, respectively. Those moves came as global chip stocks came under pressure from the Biden administration's threats to expand trade restrictions and impose tougher sanctions on firms selling technologies to China.
VNINDEX closed at 1,268.66 (-12.52 points, -0.98%), liquidity increased sharply above the 20-session average. The market has 109 green codes and 369 red codes. The group of stocks contributing to the market's uptrend includes TCB, MBB and BID, whereas GVR, HVN and MSN contribute to the market's downtrend. The banking group increased well while other industry groups decreased. Foreign investors net bought about VND 532.80 billion.
- World stocks: Mixed movements
- Vietnamese stocks: Failed again at 1,300
- Macro news
- Business news: #BSR, #ABB, #MBB, #PDR, #QTP, #SCS
- Technical perspective and updated recommendations
- Event calendar
- Q&A
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