Market Report Week 04 - Continuously going up, the index successfully conquered the threshold of 1,100 points
29/01/2023

Summary

Global stocks extended the recovery chain with the green color prevailed. On Wall Street, Advance U.S. GDP in Q4/2022 grew 2.9% q/q, better than forecast along with the core PCE index, the Fed's preferred inflation gauge, falling to its lowest level in more than a year was 4.4% in December 2022. This further reinforces the expectation that the FED will slow down and stop its monetary tightening cycle soon.

Vietnamese stocks maintained their upward momentum. In the leading role, the rotation between large-cap stocks such as VIC, VCB, BVH, MSN... continued to be the pillar of the market. Financial and banking groups cooled down after a series of uptrends, but oil and gas and public investment continued to show positive trading.

 

  • Capital Flow & Trading activity
  • The top market liquidity
  • Other Macro data
Category
Weekly
Author
SSV
Details

Page: 8

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