Morning Brief 28/02/2023
GLOBAL MARKET
32,889.09
1D 0.22%
YTD -0.78%
3,982.24
1D 0.31%
YTD 3.72%
11,466.98
1D 0.63%
YTD 9.56%
20.95
1D -3.32%
7,935.11
1D 0.72%
YTD 6.49%
15,381.43
1D 1.13%
YTD 10.47%
7,295.55
1D 1.51%
YTD 12.69%
82.12
1D -0.74%
YTD -4.41%
1,824.80
1D 0.29%
YTD -0.08%
U.S. stocks eked out a slight gain on Monday as investors engaged in some bargain hunting after last week's losses, the biggest percentage declines of 2023 for Wall Street's main benchmarks, as jitters persisted about coming interest rate hikes to tame stubbornly high inflation. Tesla (TSLA.O) jumped 5.46% after the electric automaker said its plant in Brandenburg near Berlin was producing 4,000 cars a week, three weeks ahead of schedule.
VIETNAM ECONOMY
5.83%
1D (bps) -19
YTD (bps) 86
7.40%
4.05%
1D (bps) 5
YTD (bps) -74
4.25%
1D (bps) -4
YTD (bps) -65
23,995
1D (%) 0.10%
YTD (%) 0.99%
26,006
1D (%) 0.60%
YTD (%) 1.35%
3,501
1D (%) 0.29%
YTD (%) 0.46%
The Fed estimates it will raise the key interest rate to 5.1%, more than it previously projected. When many countries simultaneously raise interest rates, it is difficult for Vietnam to go against the trend, so it is likely that the SBV will continue to raise interest rates to stabilize the exchange rate. Therefore, pressure on domestic interest rates may last until the second quarter of this year.
VIETNAM STOCK MARKET
1,021.25
1D -1.76%
YTD 1.41%
1,011.46
1D -1.84%
YTD 0.62%
203.27
1D -1.95%
YTD -0.99%
75.85
1D -1.15%
YTD 5.86%
-658.70
10,690.27
1D 39.23%
YTD 24.08%
Session 27/02, proprietary traders net bought VND102.9 billion. MBB is the most bought with a nearly of VND23 billion. Conversely, MIG is the most sold with a value of VND14.3 billion.
INTRADAY
VN30 (12M)
SELECTED NEWS
- Vietnam asked the US to facilitate the export of fresh fruits;
- Proposing to accelerate VAT refund for for wood exporters;
- The Registry Department struggled because of the personnel crisis;
- Hungary wants the United Nations to bring the perpetrators of the Nord Stream sabotage to light;
- China has a trade surplus of USD878 billion, Vietnam ranks in the top 10 largest partners;
- The number of international visitors to Korea has increased to a record high.
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.