Morning Brief 24/09 - Pinetree Securities
Morning Brief 24/09
Morning brief September 24, 2020

Morning Brief 24/09

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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)

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Ex-right date Thu, 07/25/24

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