Morning Brief 02/02/2023
GLOBAL MARKET
34,092.96
1D 0.02%
YTD 2.85%
4,119.21
1D 1.05%
YTD 7.29%
11,816.32
1D 2.00%
YTD 12.90%
17.87
1D -7.89%
7,761.11
1D -0.14%
YTD 4.15%
15,180.74
1D 0.35%
YTD 9.03%
7,077.11
1D -0.07%
YTD 9.32%
83.48
1D -2.50%
YTD -2.83%
1,970.70
1D 1.45%
YTD 7.91%
U.S. stocks were choppy after the Fed announcement but rebounded to turn positive as Chair Jerome Powell began to speak. Before the policy announcement, economic data painted a mixed picture, with a labor market that remains strong while manufacturing activity continues to weaken, showing contraction for a third straight month.
VIETNAM ECONOMY
6.23%
1D (bps) 3
YTD (bps) 126
7.40%
4.37%
1D (bps) -3
YTD (bps) -42
4.35%
1D (bps) -11
YTD (bps) -55
23,620
1D (%) 0.01%
YTD (%) -0.59%
26,560
1D (%) 1.39%
YTD (%) 3.51%
3,548
1D (%) 0.08%
YTD (%) 1.81%
The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months. The ECB has been increasing rates at a record pace to fight a sudden bout of high inflation in the euro zone - the byproduct of factors including the aftermath of the COVID-19 pandemic and an energy crisis that followed Russia's invasion of Ukraine.
VIETNAM STOCK MARKET
1,075.97
1D -3.17%
YTD 6.84%
1,088.09
1D -3.29%
YTD 8.25%
216.01
1D -2.89%
YTD 5.21%
74.93
1D -1.20%
YTD 4.58%
131.65
20,207.90
1D 31.18%
YTD 134.54%
Session 01/02, proprietary traders net sold nearly VND305 billion. In which, HPG, VNM and VCB were sold the most with a value of more than VND30-42 billion. In contrast, VPB and PVS were bought the most with a value of VND38 billion and VND20 billion, respectively.
INTRADAY
VN30 (12M)
SELECTED NEWS
- Thua Thien - Hue is about to start construction of a USD170 million Aeon Commercial Center project;
- State budget revenue exceeded 12% of the estimate in January 2023;
- The prospect of exporting office furniture in 2023 is not optimistic;
- Fed raised interest rates by 0.25 percentage points, intends to continue to increase;
- Manufacturing activity across the United States, Europe and Asia contracted in January;
- Most Western businesses have not yet left the Russian market.
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.