Morning Call 31/10/2022 - Accumulate to create more momentum, Steel industry profit dropped in Q3
31/10/2022

Summary

Global stocks to extend gains. The PCE Price Index, The Fed's favorite inflation rate, shows annual core inflation slightly weaker than expected but still increasing inflationary pressures. Besides, personal spending recovered better than expected.

Domestic stocks fell as they approached the resistance at the 20-day MA around 1,040 points. At the end of the third quarter financial reporting season, steel is one of the disappointing industry groups with a dismal profit picture and record losses.

 

  • Domestic and international news
  • A look back at the rumors that dominated the market
  • Steel industry profit dropped in Q3 #HPG #NKG #HSG 
  • Technical view and recommendations #CTG #VNM
Category
Daily
Author
Le Tran Khang
Details

Page: 12

Lauguage:

File format: pdf

Size: 1.42 MB