Morning call - Adjust to wait for new cash flow
27/08/2024

Summary

The Dow Jones hit a record high on Monday, recovering from early August losses as traders anticipated Federal Reserve rate cuts. However, the index later fluctuated around the flatline after rising over 200 points. Meanwhile, the S&P 500 dropped 0.4%, and the Nasdaq fell 1% as investors seemed to shift from tech stocks to other sectors.

 

VNINDEX closed at 1,280.02 (-5.3 points, -0.41%) with liquidity equal to the 20-session average. The market had 148 green codes and 259 red codes. The group of stocks contributing to the market's increase included VHM VIC VPB while VNM MSN FPT contributed to the market's decrease. Most industry groups adjusted down. Foreign investors sold more than VND 389 billion.

 

  • World stocks: Dow Jones sets a new record
  • Vietnamese stocks: Adjust to wait for new cash flow
  • Macro news
  • Business news: #MCH, #GMD, #VPB, #VCB, #TMS, #HPX
  • Technical perspective and updated recommendations 
  • Event calendar
  • Q&A
Category
Daily
Author
Thao Nguyen
Details

Page: 13

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Size: 1.24 MB