Morning brief 02/08/2024 - Pinetree Securities
Morning brief 02/08/2024
Morning brief August 2, 2024

Morning brief 02/08/2024

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Morning brief 02/08/2024

GLOBAL MARKET

DJIA

40,347.97

1D -1.21%

YTD 6.98%

S&P500

5,446.68

1D -1.37%

YTD 14.84%

NASDAQ

17,194.15

1D -2.30%

YTD 16.44%

VIX

18.59

1D 13.63%

FTSE 100

8,283.36

1D -1.01%

YTD 7.28%

DAX

18,083.05

1D -2.30%

YTD 7.83%

CAC40

7,370.45

1D -2.14%

YTD -2.13%

Brent oil ($/barrel)

79.69

1D -0.70%

YTD 3.46%

Gold ($/ounce)

2,443.44

1D 0.99%

YTD 17.66%

US stocks sold off on August 1 as a series of new data pointed to the risk of a US recession and that the Fed may have acted too slowly. Specifically, the number of new unemployment claims increased the most since August 2023. PMI in July was only 46.8, worse than expected and a signal that the economy is in recession. As a result, the yield on the 10-year US Treasury bond fell below 4% for the first time since February 2024.

VIETNAM ECONOMY

Vnibor

4.62%

1D (bps) 15

YTD (bps) 102

Deposit interest 12M

4.60%

YTD (bps) -20

5 year-Gov. Bond

2.29%

1D (bps) -6

YTD (bps) 41

10 year-Gov. Bond

2.73%

1D (bps) 3

YTD (bps) 55

USD/VND

2539500.00%

1D (%) -0.11%

YTD (%) 3.61%

EUR/VND

2797700.00%

1D (%) -0.42%

YTD (%) 2.20%

CNY/VND

355200.00%

1D (%) -0.36%

YTD (%) 2.19%

Crude oil prices fell about 2% in August 1 session as global supply appeared to be unaffected by concerns about the broader crisis in the Middle East, while investors once again focused more on concerns about demand.

VIETNAM STOCK MARKET

VN-INDEX

1,226.96

1D -1.96%

YTD 8.42%

HNX

229.23

1D -2.60%

YTD -0.33%

VN30

1,272.00

1D -2.09%

YTD 12.40%

UPCOM

93.52

1D -1.63%

YTD 6.78%

Net Foreign buy (B)

119.69

Total trading value (B)

24,213.83

1D 24.70%

YTD 28.14%

On August 1, proprietary traders net bought VND1,148 billion, mainly including TCB VND109 billion, FPT VND86 billion.

INTRADAY

VN30 (12M)

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Ex-right date Wed, 10/09/24

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