Morning Brief 20/09/2022 - Pinetree Securities
Morning Brief 20/09/2022
Morning brief September 20, 2022

Morning Brief 20/09/2022

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Morning Brief 20/09/2022

GLOBAL MARKET

DJI

31,019.68

1D 0.64%

YTD -14.78%

S&P500

3,899.89

1D 0.69%

YTD -18.39%

NASDAQ

11,535.02

1D 0.76%

YTD -26.72%

VIX

25.76

1D -2.05%

FTSE 100

7,236.68

1D 0.00%

YTD -2.25%

DAX

12,803.24

1D 0.49%

YTD -19.40%

CAC40

6,061.59

1D -0.26%

YTD -15.50%

Crude oil ($/barrel)

85.03

1D -0.64%

YTD 11.15%

Gold ($/ounce)

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

Vnibor

4.25%

1D (bps) 4

YTD (bps) 344

Deposit interest 12M

5.60%

5 year-Gov. Bond

3.37%

1D (bps) 9

YTD (bps) 236

10 year-Gov. Bond

3.71%

1D (bps) 10

YTD (bps) 171

USD/VND

23,814

1D (%) 0.02%

YTD (%) 3.81%

EUR/VND

24,491

1D (%) 0.29%

YTD (%) -7.47%

CNY/VND

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

VN-INDEX

1,205.43

1D -2.32%

YTD -19.55%

VN30

1,229.88

1D -1.83%

YTD -19.91%

HNX

264.25

1D -3.16%

YTD -44.25%

UPCOM

88.34

1D -1.25%

YTD -21.60%

Net Foreign buy (B)

139.29

Total trading value (B)

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)

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Ex-right date Sun, 11/27/22

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