Morning Brief 11/11/2020
GLOBAL MARKET
29,420.92
1D 0.90%
YTD 3.09%
3,545.53
1D -0.14%
YTD 9.74%
11,553.86
1D -1.37%
YTD 28.77%
24.80
6,296.85
1D 1.79%
YTD -16.51%
13,163.11
1D 0.51%
YTD -0.65%
5,418.97
1D 1.55%
YTD -9.35%
24,905.59
1D 0.26%
YTD 5.28%
3,360.15
1D -0.40%
YTD 8.96%
2,452.83
1D 0.23%
YTD 11.61%
26,301.48
1D 1.10%
YTD -7.56%
2,705.00
1D 3.67%
YTD -16.07%
1,341.24
1D 4.31%
YTD -16.06%
41.45
1D 4.33%
YTD -31.77%
1,876.15
1D 0.45%
YTD 23.62%
- Dow Jones continued to rise on Tuesday (November 10), extending its strong momentum in the previous session as the market turned away from stocks that had thrived during the Covid-19 pandemic and shifted to stocks related to the economic recovery. At the end of trading on Tuesday, the Dow Jones added 262.95 points (or 0.9%) to 29,420.92 points. However, the S&P 500 and Nasdaq Composite struggled in the context of major technology stocks plunging. The S&P 500 dropped 0.1% to 3,545.53 points and the Nasdaq Composite lost 1.4% to 11,553.86.
VIETNAM ECONOMY
0.11%
1D (bps) -1
YTD (bps) -132
5.80%
YTD (bps) -70
1.40%
1D (bps) -3
YTD (bps) -259
2.29%
1D (bps) -6
YTD (bps) -241
23,268
1D (%) 0.01%
YTD (%) 0.16%
28,110
1D (%) 0.14%
YTD (%) 5.67%
3,538
1D (%) 0.23%
YTD (%) 4.18%
- Room to reduce interest rates from now to the end of the year in order to stimulate credit demand. Credit growth of the whole industry as of September 30 was only 6.09% compared to the beginning of the year, much lower than 9.4% of the same period in 2019.
VIETNAM STOCK MARKET
951.90
1D -0.01%
YTD -0.95%
916.50
1D -0.10%
YTD 4.26%
141.37
1D -0.17%
YTD 37.91%
64.16
1D 0.22%
YTD 13.46%
-747.55
11,039.03
1D 22.48%
YTD 215.40%
- Foreign investors' trade was quite negative when they net sold nearly 748 billion dong on the whole market, the selling focused on Bluechips like HPG (-187.24 billion dong), MSN (-132.74 billion dong), VNM (-122 billion VND) …
CHANGE IN PRICE BY SECTOR
INTRADAY VNINDEX
VNINDEX (12M)
SELECTED NEWS
- Prime Minister Nguyen Xuan Phuc: Creating more than 1,200 billion USD of GDP, 28 million jobs in 5 years (2016-2020 period)
- Enterprises are afraid of support packages due to the procedure to prove is still complicated and the support level is still low
- SCIC plans to spend VND 6,800 billion to invest in Vietnam Airlines
- The yuan peaked for 2 years, the US dollar hit the bottom for 10 weeks
- Ant Group could lose $ 140 billion in capitalization
- Apple suspended Pegatron's iPhone manufacturing business because of the abuse of Chinese labor
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