Morning call - Expectation of recovery
30/07/2024
Summary
In regular trading on Monday, the Dow fell 0.12%, while the S&P 500 and Nasdaq Composite inched up 0.08% and 0.07%, respectively. Meanwhile, the Fed is widely expected to hold rates steady this week, before cutting in September.
VNINDEX closed at 1,246.60 points, up 4.49 points (+0.36%), with trading volume declining significantly below the 20-day average. The market saw 244 gainers and 168 decliners. Stocks contributing to the market's uptrend included BID, HVN, and VNM, while VHM, MBB, and VGC weighed on the index. The basic materials sector performed well, led by HPG. Foreign investors net sold approximately 224 billion dong
- World stocks: Awaiting a crucial policy announcement from the Federal Reserve.
- Vietnamese stocks: Expectation of recovery
- Macro news
- Business news: #HAH, #BID, #ACV, #PVT, #BFC, #KHG
- Technical perspective and updated recommendations
- Event calendar
- Q&A
Category
Daily
Author
Hoang Nam
Details
Page: 13
Lauguage:
File format: pdf
Size: 1.24 MB