Morning Brief 24/09
GLOBAL MARKET
DJI
26,763.13
1D -1.92%
YTD -6.22%
S&P500
3,236.92
1D -2.37%
YTD 0.19%
NASDAQ
10,632.99
1D -3.02%
YTD 18.51%
VIX
28.58
FTSE 100
5,899.26
1D 1.20%
YTD -21.79%
DAX
12,642.97
1D 0.39%
YTD -4.57%
CAC40
4,802.26
1D 0.62%
YTD -19.67%
Nikkei
23,346.49
1D -0.06%
YTD -1.31%
Shanghai
3,279.71
1D 0.17%
YTD 6.35%
Kospi
2,333.24
1D 0.03%
YTD 6.17%
Hang Seng
23,742.51
1D 0.11%
YTD -16.55%
STI (Singapore)
2,481.14
1D -0.18%
YTD -23.02%
SET (Thailand)
1,264.01
1D -0.29%
YTD -20.89%
Crude oil ($/barrel)
39.58
1D -0.30%
YTD -34.85%
Gold ($/ounce)
1,866.90
1D -2.14%
YTD 23.01%
Stocks slumped to an eight-week low amid warnings from Federal Reserve officials on the need for more stimulus to lift the world’s largest economy from a coronavirus-induced recession. The dollar rallied. The S&P 500 fell 2.4%, the biggest drop since Sept. 8 and the fifth decrease in six days, a sign that investors are becoming more downbeat on prospects for stimulus once seen as a near-certainty. Rates markets showed traders were easing up on inflation bets, a sign of pessimism that the Fed alone won’t be able to bring price gains to its 2% goal in coming years. The Nasdaq 100 tumbled more than 3%, led by giants Apple Inc. and Amazon.com Inc.
VIETNAM ECONOMY
Vnibor
0.11%
YTD (bps) -132
Deposit interest 12M
6.00%
YTD (bps) -50
5 year-Gov. Bond
1.41%
1D (bps) -9
YTD (bps) -258
10 year-Gov. Bond
2.69%
1D (bps) 27
YTD (bps) -201
USD/VND
23,278
1D (%) 0.02%
YTD (%) 0.21%
EUR/VND
27,756
1D (%) -0.67%
YTD (%) 4.34%
CNY/VND
3,439
1D (%) -0.46%
YTD (%) 1.27%
The resilience of most businesses is currently very weak, the next time the number of dissolved enterprises is forecasted to increase even higher. According to the GSO, in the 8M2020, the number of enterprises temporarily suspending their business for a period of time nationwide is nearly 34,300, up 70.8% over the same period last year; The number of enterprises that ceased operations waiting for dissolution procedures was 24,200; Completion of dissolution procedures is 10,400.
VIETNAM STOCK MARKET
VN-INDEX
912.50
1D 0.70%
YTD -5.05%
VN30
858.30
1D 0.54%
YTD -2.36%
HNX
132.64
1D 0.34%
YTD 29.39%
UPCOM
60.96
1D 0.49%
YTD 7.80%
Net Foreign buy (B)
116.32
Total trading value (B)
7,653.65
1D -6.23%
YTD 118.68%
Foreign investors net bought more than 116 billion dong. In which, VRE and KDC were the most net bought codes on HOSE. TNG and VCS were the most net sold by foreign investors on the HNX.
CHANGE IN PRICE BY SECTOR
INTRADAY VNINDEX
VNINDEX (12M)
SELECTED NEWS
- Three more banks to prepare eKYC application for operation, are Nam A Bank, SeABank and MSB.
- It is expected that USD 1.4 billion to USD 1.9 billion will be poured into Vietnam thanks to upgrading in the next 2-3 years.
- Enforcement of FTAs can boost Vietnam's GDP by more than 300%.
- Federal Reserve officials Wednesday stressed that more fiscal stimulus is critical to sustaining the economic recovery, , and Markets Start to Give Up Hope.
- After all the trauma the U.S. oil industry has been through this year -- a string of bankruptcies... -- they’re still prioritizing output over reducing debt.
- China's economy slowed down from online shopping data. Online sales increased by 13.3%, but slower than 18.8% in July and 19% in June.
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Ex-right date Tue, 10/22/24
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