Morning Brief 10/01/2023
GLOBAL MARKET
33,517.65
1D -0.34%
YTD 1.12%
3,892.09
1D -0.08%
YTD 1.37%
10,635.65
1D 0.63%
YTD 1.62%
21.97
1D 3.98%
7,724.94
1D 0.33%
YTD 3.67%
14,792.83
1D 1.25%
YTD 6.24%
6,907.36
1D 0.68%
YTD 6.70%
79.63
1D 0.48%
YTD -7.31%
1,878.10
1D 0.21%
YTD 2.84%
Both indices pared gains in afternoon trading following comments from the presidents of the US central bank’s San Francisco and Atlanta branches that the fed funds rate would need to surpass 5 per cent in order slow down inflation. Atlanta Fed president Raphael Bostic said the rate should hold above that watermark for “a long time”. The hawkish comments on Monday contrast with the dovish signal traders inferred from US government data on Friday.
VIETNAM ECONOMY
5.08%
1D (bps) 5
YTD (bps) 11
7.40%
4.67%
1D (bps) 7
YTD (bps) -12
4.72%
1D (bps) 1
YTD (bps) -18
23,610
1D (%) -0.11%
YTD (%) -0.63%
25,887
1D (%) 0.52%
YTD (%) 0.89%
3,533
1D (%) 0.86%
YTD (%) 1.38%
The Yuan is seen hitting levels last seen in April on the nation’s reopening and several key policy shifts. Goldman Sachs said it sees the yuan rallying to 6.5 per dollar by year-end versus its previous estimate of 6.9 on reopening optimism.
VIETNAM STOCK MARKET
1,054.21
1D 0.26%
YTD 4.68%
1,061.14
1D 0.35%
YTD 5.57%
209.67
1D -0.47%
YTD 2.12%
72.73
1D -0.03%
YTD 1.51%
551.33
9,593.93
1D -30.04%
YTD 11.35%
Session 09/01, proprietary traders net bought with VND50.8 billion. In which, KDH was mostly bought with VND105 billion. Followed by TCB with a value of only VND11 billion. On the other side, NVL was sold the most with VND147 billion.
INTRADAY
VN30 (12M)
SELECTED NEWS
- The GDP per capita is projected to increase to USD7,500 by 2030;
- The Transport sector aims to disburse more than VND94,100 billion of public investment in 2023;
- The number of securities accounts reached nearly 7 million, the increase slowed down towards the end of 2022;
- American businesses spend record amounts of money to pay dividends;
- Economist: It is difficult for the Fed to avoid raising interest rates higher than necessary;
- India considers lifting rice export curbs as supply improves.
EVENT CALENDAR
No event for this day
No event for this day
No event for this day
No event for this day
No event for this day
No event for this day
No event for this day
Pinetree Securities Corporation
-
Zalo OA: Chứng khoán Pinetree
-
Fanpage: Chứng khoán Pinetree
-
Youtube channel: Pinetree Securities
The posts are using photos and images from freepik and other free image stock websites.