Morning call - Overwhelming selling force
24/07/2024

Summary

In regular trading on Tuesday, the Dow shed 0.14%, the S&P 500 fell 0.16% and the Nasdaq Composite lost 0.06%. The dollar index held a recent advance to around 104.5 on Wednesday, inching closer to two-week highs as investors look forward to the latest US manufacturing and services activity data to assess the health of the economy. An advance reading of second-quarter GDP and the PCE price index report for June will also be released later this week.

 

VNINDEX closed at 1,231.81 (-22.83 points, -1.82%), liquidity at the average level of 20 trading sessions. The market has 83 green codes and 373 red codes. The group of stocks contributing to the market's increase included FPT VNM SSB, while BID GVR and MBB contributed to the market's decrease. Most industry groups decreased. Foreign investors net sold about VND 128 billion

 

  • World stocks: DXY Index is recovering
  • Vietnamese stocks: Overwhelming selling force
  • Macro news
  • Business news: #HDC, #STB, #LHG, #HHV, #HVN, #ORS
  • Technical perspective and updated recommendations 
  • Event calendar
  • Q&A
Category
Daily
Author
Hoang Nam
Details

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