Morning call - Profit-taking pressure is emerging
20/07/2023
Summary
The Dow gained 0.31%, the S&P 500 rose 0.24% and the Nasdaq Composite inched up 0.03%. Those gains came on the heels of upbeat quarterly results and firm expectations that the Federal Reserve is close to ending its rate-hiking cycle. Investors now look ahead to more economic data and corporate earnings reports on Thursday.
VNINDEX continued to fluctuate and closed at 1,172 (-0.09%), with strong support from VCB. Without VCB, the market could have dropped nearly 3 points. During the session, there were many signals of fluctuations as individual investors began to take profits. Foreign and proprietary traders continued to be net buyers.
- World stocks: The global market is showing mixed movements.
- Vietnam stocks: Profit-taking pressure is emerging
- Business News #PPC, #PVS, #FMC, #PVP, #HPG, #NVL
- Technical perspective and recommendation update
- Event calendar
- Q&A
Category
Daily
Author
Hoang Nam
Details
Page: 12
Lauguage:
File format: pdf
Size: 1.33 MB