Market news Market brief Market brief 19/12/2024

Market brief December 20, 2024

Market brief 19/12/2024

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Market brief 19/12/2024

VIETNAM STOCK MARKET

VN-INDEX

1,266.00

1D 0.34%

YTD 11.87%

HNX

227.43

1D 0.24%

YTD -1.11%

VN30

1,323.83

1D -0.29%

YTD 16.98%

UPCOM

93.07

1D 0.32%

YTD 6.27%

Net Foreign buy (B)

19.55

Total trading value (B)

14,713.35

1D -20.04%

YTD -22.14%

On December 18, oil and gas stocks shined as VNIndex recovered, PVB shares hit the ceiling thanks to positive information from the Block B - O Mon project. Proprietary trading recorded a net bought of VND109 billion, primarily in GEE VND119 billion, MWG VND27 billion.

CHANGE IN PRICE BY SECTOR

INTRADAY VNINDEX

VNINDEX (12M)

GLOBAL MARKET

DJIA

42,326.87

1D -2.58%

YTD 12.23%

S&P500

5,872.16

1D -2.95%

YTD 23.81%

NASDAQ

19,392.70

1D -3.56%

YTD 31.33%

VIX

27.62

1D 74.04%

FTSE 100

8,199.11

1D 0.05%

YTD 6.19%

DAX

20,242.57

1D -0.02%

YTD 20.71%

CAC40

7,384.62

1D 0.26%

YTD -1.94%

Brent oil ($/barrel)

73.09

1D -0.22%

YTD -5.11%

Gold ($/ounce)

2,607.39

1D -1.60%

YTD 25.55%

U.S. stocks plunged on Wednesday, with all three major indexes posting their biggest daily decline in months, after the Federal Reserve cut interest rates by a quarter of a percentage point but disappointed some investors with projections that signaled a more cautious path of easing next year. The Fed cut rates to the 4.25%-4.5% range and its summary of economic projections (SEP) indicated it will make rate cuts totaling a half percentage point by the end of 2025.

VIETNAM ECONOMY

Vnibor

2.80%

1D (bps) -53

YTD (bps) -80

Deposit interest 12M

4.60%

YTD (bps) -20

5 year-Gov. Bond

2.31%

1D (bps) -5

YTD (bps) 43

10 year-Gov. Bond

2.71%

1D (bps) -7

YTD (bps) 53

USD/VND

2549100.00%

1D (%) 0.03%

YTD (%) 4.00%

EUR/VND

2744139.00%

1D (%) -0.11%

YTD (%) 0.24%

CNY/VND

354687.00%

1D (%) -0.40%

YTD (%) 2.04%

The US dollar flirted with a two-year peak on Thursday after the Federal Reserve signaled a slower pace of rate cuts in 2025. Bitcoin's price dipped to around USD100,000 after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold the digital currency.