Morning Call 28/11/2022 - Short-term bottom is confirmed, the up direction is brighter for the index
28/11/2022
Summary
Global stocks continue to have a prosperous week but are close to resistance. Better-than-expected PMI data generates optimism in European markets. On Wall Street, FOMC minutes showed that Fed officials remained supportive of a slower rate hike for next month, but noted the tightening cycle may not be over anytime soon.
Domestic stocks kept green after a series of volatile sessions. Indonesia is expected to import 500,000 tons of rice stocks in 2022 after 3 years of not having to import. The country is looking at supplies from Vietnam, Thailand, Myanmar and Pakistan.
- Domestic and international news
- Inter-market update
- Dividend schedule for the week of November 28 - December 4, 2022
- Technical view and recommendations #BID #VRE
Category
Daily
Author
SSV
Details
Page: 15
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File format: pdf
Size: 1.59 MB