Market Report Week 05 - The pressure of profit taking prevails, the index is trading in the red
05/02/2023

Summary

Global stocks remained in the green but trading started to struggle more. The Fed raised interest rates by 25 basis points at its February 2023 meeting, bringing borrowing costs to 4.5-4.75%, the highest since 2007. Still, investors were cheered by a softly signal in the speech of Fed Chairman Jerome Powell after the meeting, Mr. Powell repeatedly said that the process of reducing inflation seems to have begun.

Vietnam stocks lost their gaining momentum, the reversal trading were recorded on February 1st, many stocks fell to the floor. The spread of money flow was quite limited with the Public Investment group continuing to show positive transactions, especially the Finance and Real Estate groups in the negative direction.

 

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

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