Morning Brief 23/08/2023
GLOBAL MARKET
DJIA
34,288.83
1D -0.51%
YTD 3.44%
S&P500
4,387.55
1D -0.28%
YTD 14.27%
NASDAQ
13,505.87
1D 0.06%
YTD 29.04%
VIX
16.97
1D -0.93%
FTSE 100
7,270.76
1D 0.18%
YTD -2.43%
DAX
15,705.62
1D 0.66%
YTD 12.80%
CAC40
7,240.88
1D 0.59%
YTD 11.85%
Brent oil ($/barrel)
84.00
1D -0.62%
YTD -2.22%
Gold ($/ounce)
1,901.55
1D 0.28%
YTD 4.13%
The financial sector fell 0.9% and was the biggest drag on the S&P 500. An S&P downgrade of credit ratings of multiple regional U.S. lenders weighed on banks shares yesterday. Accordingly, the ratings agency S&P Global followed Moody's in cutting its credit ratings on some regional lenders with high commercial real estate (CRE) exposure. S&P's action will make borrowing more costly for a banking sector aiming to recover from a crisis earlier this year, when three regional lenders failed, prompting broader industry turmoil.
VIETNAM ECONOMY
Vnibor
0.20%
1D (bps) -1
YTD (bps) -477
Deposit interest 12M
5.80%
1D (bps) -50
YTD (bps) -160
5 year-Gov. Bond
1.78%
YTD (bps) -301
10 year-Gov. Bond
2.53%
1D (bps) 4
YTD (bps) -237
USD/VND
24,120
1D (%) 0.54%
YTD (%) 1.52%
EUR/VND
26,730
1D (%) 0.05%
YTD (%) 4.17%
CNY/VND
3,358
1D (%) 0.54%
YTD (%) -3.64%
U.S. treasury yields hit a near 16-year high on concerns that interest rates could stay higher for longer, which kept the safe-haven dollar firm near 10-week highs. In the domestic market, the interbank exchange rate at the close yesterday increased strongly compared to the exchange rate on August 21.
VIETNAM STOCK MARKET
VN-INDEX
1,180.49
1D 0.06%
YTD 17.22%
VN30
1,193.51
1D 0.27%
YTD 18.73%
HNX
239.65
1D 0.71%
YTD 16.73%
UPCOM
89.51
1D 0.01%
YTD 24.93%
Net Foreign buy (B)
-709.21
Total trading value (B)
25,536.30
1D 1.66%
YTD 196.38%
On August 22, proprietary traders net bought more than VND382 billion, mainly including EIB VND49.4 billion, SSI VND48.2 billion, VNM VND30.2 billion, etc.
INTRADAY
VN30 (12M)
SELECTED NEWS
- The State Bank explained the reason for negative credit growth in July;
- Approving the planning on development of the inland port system;
- The State Treasury withdrew more than VND250,000 billion from Big4 after the first 6 months of the year;
- Asia fears high inflation following the rise of rice prices;
- China cut interest rates, most Asian stock markets lost momentum;
- The BRICS group of emerging economies is expected to create a new common currency.
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Ex-right date Mon, 11/25/24
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