Morning Call - Hesitation dominated, trading struggled to return, Reserve Bank of India continues to raise interest rates by 25 basis points
09/02/2023

Summary

Global stocks diverge, waiting for US CPI data next week. The Reserve Bank of India raised its key repo rate by 25 bps to 6.5% during its February 2023 meeting, the sixth rate hike in a row, amid easing inflation due to moderation in food prices, as widely expected.

Domestic stocks struggled, money flow diverged. According to VBMA's statistics, in 2023, there will be about VND 285,000 billion of bonds to maturity. It is expected that in February 2023, the value of mature corporate bonds will be more than 5,200 billion VND, all of which are corporate bonds issued by private placement.

 

  • Domestic and international news
  • Many banks plan to pay cash dividends, Update business results #FMC #CTS #GMD
  • Technical view and recommendations
Category
Daily
Author
SSV
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