Morning Brief 20/09/2022
GLOBAL MARKET
31,019.68
1D 0.64%
YTD -14.78%
3,899.89
1D 0.69%
YTD -18.39%
11,535.02
1D 0.76%
YTD -26.72%
25.76
1D -2.05%
7,236.68
1D 0.00%
YTD -2.25%
12,803.24
1D 0.49%
YTD -19.40%
6,061.59
1D -0.26%
YTD -15.50%
85.03
1D -0.64%
YTD 11.15%
1,684.10
1D 0.21%
YTD -7.51%
US stocks rallied ahead of the Fed meeting. The Fed's policy meeting took place on September 20-21 with a forecast of 0.75% interest rate increase. The Dow Jones, S&P 500 and Nasdaq indexes rose 0.64%, 0.69% and 0.76%, respectively. Last week, the two indexes S&P 500 and Nasdaq recorded their biggest weekly loss since June in the context of a number of large businesses warning about the US business and economic prospects in the coming time, including: FedEx and General Electric.
VIETNAM ECONOMY
4.25%
1D (bps) 4
YTD (bps) 344
5.60%
3.37%
1D (bps) 9
YTD (bps) 236
3.71%
1D (bps) 10
YTD (bps) 171
23,814
1D (%) 0.02%
YTD (%) 3.81%
24,491
1D (%) 0.29%
YTD (%) -7.47%
3,449
1D (%) -0.09%
YTD (%) -5.71%
On September 19, the Government submitted to the National Assembly Standing Committee a draft Law on Prices (amended). This fund has been proposed many times by businesses and experts to quit, but according to the Government, the Petroleum Price Stabilization Fund cannot be abandoned due to unpredictable world price fluctuations, with Vietnam's current resistance conditions. In the south, the domestic gasoline price adjustment cycle is still relatively long (10 days).
VIETNAM STOCK MARKET
1,205.43
1D -2.32%
YTD -19.55%
1,229.88
1D -1.83%
YTD -19.91%
264.25
1D -3.16%
YTD -44.25%
88.34
1D -1.25%
YTD -21.60%
139.29
19,382.64
1D 9.05%
YTD -37.62%
At the end of the September 19 session, foreign investors returned to active trading. On HoSE alone, foreign investors ended a series of 4 consecutive net selling sessions with a net buying of 148 billion dong, focusing on buying HPG with a value of 122 billion dong. IDC topped the list of net sellers of foreign investors on HNX with 11.5 billion dong
INTRADAY
VN30 (12M)
SELECTED NEWS
- The Government still wants to keep the Petroleum Price Stabilization Fund
- The Ministry of Transport proposes to audit the North-South Expressway phase 2 before appointing a contractor
- The US Department of Commerce maintains the anti-dumping tax rate on Vietnamese pangasius
- India saves $4.7 billion by buying crude oil at preferential prices from Russia
- Japan’s Inflation Hits 31-Year High, Creating Headaches for BOJ
- Financial Times: Fed will keep interest rates above 4% after 2023
EVENT CALENDAR
No event for this day
No event for this day
No event for this day
No event for this day
No event for this day
No event for this day
No event for this day
Pinetree Securities Corporation
-
Zalo OA: Chứng khoán Pinetree
-
Fanpage: Chứng khoán Pinetree
-
Youtube channel: Pinetree Securities
The posts are using photos and images from freepik and other free image stock websites.