Vnindex pmi (vn) 50

🟩 STOCK MARKET
MAKES NEW TOP
WHAT THE INTEREST RATE OF
GOVERNMENT BOND CONTINUES INCREASE

POSTED ON SEPTEMBER 6, 2023

Based on the closing price,
the VN-Index made a new peak when it closed at 1,245. 50 points.

This helped the market's outlook to be lifted thanks to the 6 consecutive gaining sessions.

Cash flow actively participates in the market with gradually increasing liquidity.

🟩STOCK MARKET MOVEMENT
TODAY

🟩Stock indexes started the day quite struggling but cash flow accelerated in the afternoon session.

VN-Index increased +0.85%, closing
at the highest peak of the day, with higher liquidity than the previous session.

That is the price action of the bulls.

🟩On HoSE, large-cap codes like HPG +4.3%, VPB +3.81%, GAS +1.91%%, MWG +1.29% contributed the most to the VN-Index's gain.

That also contributed to helping the VN30 index increase sharply by +1.24%.

🟩The buyers show that they are in control of the market.

The number of increased shares was 2.45 times greater than the number of decreased shares on the HOSE.

Market breadth has continuously improved recently, supporting the upward trend of prices.

🟩Many stocks participating in the bull market are a positive sign.

Cash flow also poured into small-cap stocks.

The HNX-Index gained +1.22%.

🟩The prospect of soon deploying the KRX system, serving the purpose of market upgrading, is helping securities stocks continue to flourish.

SSI stock +1.95%, set a new high and was one of the stocks that
contributed a lot to the general market's gain.

🟩A series of securities stocks such as ORS+4%, purple FTS.

The stock line is increasing in price and it is easy to run high, so this is not the right time to find a buy point in this line.

🟩Oil and gas stocks such as GAS or BSR gained strongly after the world oil price rose sharply to the highest level in the past 10 months.

Accordingly, the price of crude oil has touched 86.2 USD / barrel after Saudi Arabia announced to extend the voluntary reduction period of 1 million barrels / day until the end
2 of 2023.

At the same time, Russia also
extended the cut time until the end of 2023. end of the year.

🟩The optimistic performance of Vietnam's stock market is in complete contrast to the world market.

Asian and European stock markets fell on concerns that high oil prices
would raise the risk of inflation again.

🟩Yields on 10-year US government bonds have returned to a high of 4%, often putting pressure on global stock markets.

The yield on Vietnam's 10-year government bond today increased slightly by 35 basis points to
2.752%.

The trend in Vietnamese government
bond yields has increased since the end of July, reflecting concerns about global inflation and interest rate risks.

🟩In general, foreign traders continue to be cautious with macro variables. They continued * to net sell slightly over 100 billion in today's session.

Vietnam's stock market is being led
by the confidence of individual traders.

🟩Recent manufacturing data are boosting confidence of Vietnamese stock investors.
Accordingly, PMI data surpasses 50 points, the manufacturing industry is showing signs of recovery when the number of new orders increases again.

HOW DO TRADERS ACT? - BUY
SIGNAL OF OCB, HPG

-To be continued