Morning call - There are still obstacles to overcome
16/10/2024

Summary

The S&P 500 and Dow Jones hit new record highs on Monday, while the Nasdaq rose 0.9%, driven by gains in tech stocks. The earnings season kicks into high gear this week with major companies like UnitedHealth, J&J, Bank of America, Goldman Sachs, and Netflix reporting results. Tech was the standout performer, with Nvidia leading gains in chipmakers and Apple benefiting from a positive analyst call.

 

VNINDEX closed at 1,281.08 (-5.26 points, -0.41%) with average liquidity unchanged over the past 20 sessions. The market saw 105 gainers and 280 decliners. Stocks contributing to the market's gains included BID, VPB, and MWG, while VHM, GVR, and PLX weighed on the market. Most sectors declined, except for consumer goods. Foreign investors net sold over 576 billion dong.

 

  • World stocks: Widespread downward pressure
  • Vietnamese stocks: VN-Index moves on roller-coaster
  • Macro news
  • Business news: #PDR, #FLC, #SAB, #MBB, #MSN, #HPG 
  • 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