Morning Brief 04/04/2024 - Pinetree Securities

Morning Brief 04/04/2024
Morning brief April 4, 2024

Morning Brief 04/04/2024

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Morning Brief 04/04/2024

GLOBAL MARKET

DJIA

39,127.14

1D -0.11%

YTD 3.74%

S&P500

5,211.49

1D 0.11%

YTD 9.88%

NASDAQ

16,277.46

1D 0.23%

YTD 10.24%

VIX

14.33

1D -1.92%

FTSE 100

7,937.44

1D 0.03%

YTD 2.80%

DAX

18,367.72

1D 0.46%

YTD 9.53%

CAC40

8,153.23

1D 0.29%

YTD 8.26%

Brent oil ($/barrel)

89.61

1D 0.64%

YTD 13.66%

Gold ($/ounce)

2,301.73

1D 1.03%

YTD 10.83%

The S&P 500 and Nasdaq closed higher on Wednesday after data showing the U.S. services industry growth slowed further in March, but the advance was limited after Federal Reserve Chair Jerome Powell indicated a cut in interest was still not in sight. Powell reaffirmed in a speech on Wednesday that the Fed will stick to its wait-and-see approach as it considers when to start cutting rates given the continued strength of the U.S. economy and recent higher-than-expected inflation data.

VIETNAM ECONOMY

Vnibor

4.42%

1D (bps) 97

YTD (bps) 82

Deposit interest 12M

4.70%

YTD (bps) -10

5 year-Gov. Bond

2.28%

1D (bps) 20

YTD (bps) 40

10 year-Gov. Bond

2.64%

1D (bps) -8

YTD (bps) 46

USD/VND

25,185

1D (%) 0.30%

YTD (%) 2.75%

EUR/VND

27,943

1D (%) 0.95%

YTD (%) 2.07%

CNY/VND

3,527

1D (%) 0.28%

YTD (%) 1.47%

A Reuters poll showed a strong U.S. dollar will maintain the status quo in the near term, as markets brace for the possibility the Federal Reserve's first interest rate cut gets delayed to the second half of this year. Gold hit a record high on Wednesday, after Chair Jerome Powell reiterated that recent readings on job gains and higher than expected inflation do not materially change the overall picture of economic policy this year.

VIETNAM STOCK MARKET

VN-INDEX

1,271.47

1D -1.21%

YTD 12.35%

HNX

243.96

1D -0.79%

YTD 6.07%

VN30

1,274.27

1D -1.40%

YTD 12.60%

UPCOM

91.15

1D -0.27%

YTD 4.08%

Net Foreign buy (B)

-1,270.31

Total trading value (B)

31,041.34

1D 0.14%

YTD 64.27%

On the April 3 session, proprietary traders net sold VND1,154 billion, mainly including MBB VND120 billion, FPT VND103 billion, MSN VND86 billion.

INTRADAY

VN30 (12M)

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Ex-right date Sun, 06/16/24

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