Morning call - The adjustment is entirely reasonable
23/08/2024

Summary

In regular trading on Thursday, the Dow fell 0.43%, the S&P 500 dropped 0.89% and the Nasdaq Composite tumbled 1.67%. Powell is widely expected to signal that the Fed will start dialing back policy restrictiveness in September, with limited clues on the frequency and magnitude of the reductions

 

The VNINDEX closed at 1,282.78 points (-1.75 points, -0.1%) with lower-than-average trading volume over the past 20 sessions. The market saw 171 gainers and 228 decliners. Stocks contributing to the market's increase included SSB, TCB, and CTG, while HPG, VNM, and VCB weighed on the market. Most industry groups gained strongly. Foreign investors net sold over 470 billion dong

 

  • World stocks: Mixed movements
  • Vietnamese stocks: The adjustment is entirely reasonable
  • Macro news
  • Business news: #NVL, #TMS, #HAP, #FRT, #HSG, #DRC
  • Technical perspective and updated recommendations #VGT
  • Event calendar
  • Q&A
Category
Daily
Author
Hoang Nam
Details

Page: 13

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File format: pdf

Size: 1.40 MB