Market Report Week 11 - Struggling to find a way before the unknown risks from global banking shadows
18/03/2023

Summary

Global stocks are in the red. Concerns about the health of the banking industry are weighing on investor sentiment after the collapse of Silicon Valley Bank last weekend, along with new unknowns for Credit Suisse and First Republic Bank. Although the authorities had many reassuring statements and offered supportive solutions, however, the market situation could not be improved and the selling momentum continued to dominate. During the week, the ECB kept its decision to raise interest rates by 50 basis points in its anti-inflation campaign, making all eyes focus on next week's FED meeting.

Vietnamese stocks continued to have another strong week in the face of the global sell-off wave. The highlight of the week is that the State Bank has just adjusted the operating interest rate, creating optimism. However, cautious sentiment still covered so the fluctuation was almost flat.

 

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

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