Morning call - “A close-call”
08/10/2024

Summary

In regular trading on Monday, the Dow fell 0.94%, the S&P 500 dropped 0.96% and the Nasdaq Composite tumbled 1.18%. The benchmark 10-year Treasury yield climbed above 4% for the first time in two months as investors recalibrated their expectations for Federal Reserve rate cuts following a strong jobs report. Investors now look ahead to more economic data and Fed commentary on Tuesday to guide the rates outlook further.

 

The VN-Index closed at 1,269.93 points (-0.67 points, -0.05%) with decreased liquidity and below the 20-day average. The market saw 170 gainers and 202 decliners. Stocks contributing to the market's increase include STB, HPG, and CTG, while VNM, VCB, and HDB contributed to the decline. Foreign investors net sold over 300 billion dong.

 

  • World stocks: The yield on U.S. Treasury bonds has increased
  • Vietnamese stocks: A close-call
  • Macro news
  • Business news: #DBD, #HVN, #HPG, #PMC, #CII, #PNJ
  • Technical perspective and updated recommendations 
  • Event calendar
  • Q&A
Category
Daily
Author
Hoang Nam
Details

Page: 13

Lauguage:

File format: pdf

Size: 1.20 MB