Vietnam Insight

Global stocks diverge. US stocks finished in positive territory in a volatile session on Thursday, as investors tried to recover from Wednesday's sell-off. The Dow added more than 75 points, while the S&P and the Nasdaq were up 0.3% and 1%, respectively, amid declines in Treasury yields. European equity markets closed lower on Thursday, as investors digested interest rate hikes from central banks including the Fed, the BoE, the SNB and the Norges Bank.

Domestic stocks try to balance, liquidity is still low. Four state-owned commercial banks (Agribank, BIDV, Vietcombank, Vietinbank) have just launched credit packages of up to VND 370,000 billion and USD 500 million, with preferential interest rates lower than normal interest rates to support production and business enterprises

• Domestic and international news
• Major central banks around the world continue to raise interest rates
• Technical view and recommendations #KSB