Morning Call - Technical recovery, there are still many resistances ahead for the index's rally. Vietnam's manufacturing PMI rebounds above 50


Global stocks struggled. The Dow Jones closed slightly higher on Wednesday, while the S&P 500 and NASDAQ fell about 0.5% and 0.7%, respectively, as rate-sensitive indexes were hurt by rising bond yields. European equity markets closed the first trading session of March on a weaker foot, with the STOXX 600 losing 0.8% and Germany's DAX 40 falling 0.4%,  as stronger-than-expected German CPI data and hawkish remarks by ECB officials.

Domestic stocks regained the green after a series of days of decline. The Purchasing Managers' Index (PMI) of Vietnam's manufacturing industry reached 51.2 points in February, up from 47.4 points in January, showing that the health of the manufacturing industry has begun to improve after a prolonged period of decline three months long.

  • Domestic and international news
  • Vietnam's manufacturing PMI rebounds above 50
  • Technical view and recommendations 

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