🚨 FINANCIAL NEWS 1/11: U.S. ELECTION WEEK – CAN THE VN-INDEX HOLD THE 1,740 LEVEL?
🇻🇳 WEEKLY RECAP, OCT 26–30
• The VN-Index closed at 1,741.62 points, down 1.83% for the week (down in 4 of 5 sessions). On Oct 30: 253 stocks fell versus 72 that rose, while foreign investors were net sellers of about VND 641 billion.
• Trading range: 1,720–1,780, with key support around 1,740.
🏦 Q3 EARNINGS SEASON
• VietinBank (CTG): Q3 pre-tax profit reached VND 13.689 trillion (+29%), the highest in the sector this quarter; nine-month profit was VND 39.557 trillion (+~34%).
• Vietcombank: Q3 profit was flat at ~VND 11.218 trillion due to a sharp increase in provisions. BIDV: VND 10.579 trillion (+39%).
🇺🇸 WALL STREET
• Oct 30 session: Nasdaq -2.86%, S&P 500 -1.82%, as Intel and Amazon sparked concerns about AI spending.
🥇 GOLD
• Global price: ~USD 3,875/oz, down about 3.7% for the week, the lowest in a year.
• Domestic price: SJC VND 138.4–141.4 million/tael, still about VND 20 million/tael above the converted global price.
🛢️ OIL – FUEL
• WTI: USD 104.12; in October, Brent rose 13.6% and WTI rose 15.2%.
• Domestic prices (unchanged since Oct 29): E5 RON92 VND 26,020/liter, E10 RON95-III VND 25,730/liter, diesel VND 30,240/liter. The next price adjustment is expected on Nov 5.
₿ CRYPTO
• Bitcoin: ~USD 76,800, down ~8.4% in October.
• Binance said it has recovered about 90% of the assets lost in the USD 6.3 billion attack and expects to resume withdrawals today, Nov 1.
📅 NOV 2–6
• Nov 3: U.S. midterm elections (first results expected around 6 a.m. on Nov 4, Vietnam time).
• Nov 5: Bank of England (BoE) meeting; many forecasts expect a 25-basis-point rate hike.
• Nov 6 (8:30 p.m. Vietnam time): U.S. October nonfarm payrolls, forecast at +55,000 jobs, with unemployment at 4.2%. Markets are pricing in a roughly 76–80% chance of a Fed rate hike on Dec 9.
• Apple, AMD, Qualcomm, and Palantir to report.$BTC $ETH
🇻🇳 WEEKLY RECAP, OCT 26–30
• The VN-Index closed at 1,741.62 points, down 1.83% for the week (down in 4 of 5 sessions). On Oct 30: 253 stocks fell versus 72 that rose, while foreign investors were net sellers of about VND 641 billion.
• Trading range: 1,720–1,780, with key support around 1,740.
🏦 Q3 EARNINGS SEASON
• VietinBank (CTG): Q3 pre-tax profit reached VND 13.689 trillion (+29%), the highest in the sector this quarter; nine-month profit was VND 39.557 trillion (+~34%).
• Vietcombank: Q3 profit was flat at ~VND 11.218 trillion due to a sharp increase in provisions. BIDV: VND 10.579 trillion (+39%).
🇺🇸 WALL STREET
• Oct 30 session: Nasdaq -2.86%, S&P 500 -1.82%, as Intel and Amazon sparked concerns about AI spending.
🥇 GOLD
• Global price: ~USD 3,875/oz, down about 3.7% for the week, the lowest in a year.
• Domestic price: SJC VND 138.4–141.4 million/tael, still about VND 20 million/tael above the converted global price.
🛢️ OIL – FUEL
• WTI: USD 104.12; in October, Brent rose 13.6% and WTI rose 15.2%.
• Domestic prices (unchanged since Oct 29): E5 RON92 VND 26,020/liter, E10 RON95-III VND 25,730/liter, diesel VND 30,240/liter. The next price adjustment is expected on Nov 5.
₿ CRYPTO
• Bitcoin: ~USD 76,800, down ~8.4% in October.
• Binance said it has recovered about 90% of the assets lost in the USD 6.3 billion attack and expects to resume withdrawals today, Nov 1.
📅 NOV 2–6
• Nov 3: U.S. midterm elections (first results expected around 6 a.m. on Nov 4, Vietnam time).
• Nov 5: Bank of England (BoE) meeting; many forecasts expect a 25-basis-point rate hike.
• Nov 6 (8:30 p.m. Vietnam time): U.S. October nonfarm payrolls, forecast at +55,000 jobs, with unemployment at 4.2%. Markets are pricing in a roughly 76–80% chance of a Fed rate hike on Dec 9.
• Apple, AMD, Qualcomm, and Palantir to report.$BTC $ETH
