Morning Brief 27/12/2022
GLOBAL MARKET
DJIA
33,203.93
1D 0.00%
YTD -8.78%
S&P500
3,844.82
1D 0.00%
YTD -19.54%
NASDAQ
10,497.86
1D 0.00%
YTD -33.31%
VIX
20.87
1D 0.00%
FTSE 100
7,473.01
1D 0.00%
YTD 0.95%
DAX
13,940.93
1D 0.00%
YTD -12.24%
CAC40
6,504.90
1D 0.00%
YTD -9.32%
Brent oil ($/barrel)
85.12
1D 0.73%
YTD 11.27%
Gold ($/ounce)
1,808.65
1D 0.15%
YTD -0.67%
Investors shed stocks at the highest weekly rate ever in the week to Wednesday, according to a report from BofA Global Research on Friday that attributed the sell-off to tax-related purposes. U.S. value funds and passive equities also recorded record weekly net outflows, of USD17.2 billion and USD27.8 billion respectively, the bank said. BofA said "tax loss harvesting" was behind the record outflows, a strategy that involves selling assets at a loss to offset capital gains taxes. On December 26, the US market was closed for a holiday.
VIETNAM ECONOMY
Vnibor
3.40%
1D (bps) -10
YTD (bps) 259
Deposit interest 12M
7.40%
YTD (bps) 180
5 year-Gov. Bond
4.83%
1D (bps) -1
YTD (bps) 382
10 year-Gov. Bond
4.90%
1D (bps) -2
YTD (bps) 290
USD/VND
23,755
1D (%) 0.04%
YTD (%) 3.55%
EUR/VND
25,856
1D (%) 0.33%
YTD (%) -2.31%
CNY/VND
3,459
1D (%) 0.44%
YTD (%) -5.44%
Banks that receive forced transfers of weak banks may be able to increase the rate of charter capital owned by foreign investors from 30% to 49%. This is one of the new contents of the draft Decree amending and supplementing Decree 01/2014 on the purchase of shares by foreign investors in domestic credit institutions, which are being consulted by the State Bank.
VIETNAM STOCK MARKET
VN-INDEX
985.21
1D -3.44%
YTD -34.24%
VN30
987.77
1D -4.48%
YTD -35.68%
HNX
198.50
1D -3.31%
YTD -58.12%
UPCOM
69.71
1D -1.83%
YTD -38.13%
Net Foreign buy (B)
467.60
Total trading value (B)
11,908.41
1D 16.87%
YTD -61.67%
Session 26/12, the proprietary traders net sold nearly VND10 billion. In which, HPG was mostly sold with VND84 billion, followed by NABa with nearly VND52 billion. On the other side, GEX was mostly bought with VND21.6 billion.
INTRADAY
VN30 (12M)
SELECTED NEWS
- Minister Ho Duc Phoc outlined 5 key solutions to develop the transparent capital market in 2023;
- South Korea's SK Group denies report on sale of assets in Vietnam and Malaysia;
- Rubber prices in mid-December fluctuated strongly due to concerns about weakening demand in China;
- China to reopen borders, drop Covid quarantine from January 8;
- Hong Kong tailors livestream in pandemic survival fight;
- German businesses fear a trade war between the EU and the US.
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Ex-right date Tue, 11/26/24
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