Actual property and shares plummeted, VN-Index dropped greater than 5 issues; The Fed might decelerate the tempo of reducing rates of interest
– Gold worth: extraordinarily sturdy build up in gold ring worth
Consistent with the gold worth replace on October 15, the home gold marketplace persevered to extend the cost of gold rings very strongly and saved the cost of gold bars unchanged.
Consistent with the newest gold worth replace these days as of the afternoon of October 15, the home gold worth on October 15 used to be in particular indexed via many gold, silver and gemstone companies.
Accordingly, the cost of SJC gold in Hanoi and Da Nang house is 83 million VND/tael bought and 85 million VND/tael offered. In Ho Chi Minh Town, SJC gold worth on October 15 is purchasing and promoting at an identical ranges in comparison to Hanoi and Da Nang spaces. Thus, in comparison to the former consultation’s shut, SJC gold worth remained unchanged in each purchasing and promoting instructions.
Doji gold worth within the Hanoi house is 83 million VND/tael purchased and 85 million VND/tael offered, closing the similar in each purchasing and promoting instructions in comparison to the former consultation’s shut. The Doji gold worth on October 15 in Ho Chi Minh Town is purchasing and promoting in a similar way to the Hanoi house.
PNJ gold worth is indexed at 83 million VND/tael bought and 85 million VND/tael offered.
Bao Tin Minh Chau gold worth is traded via companies at 83 million VND/tael bought and 85 million VND/tael offered.
Thus, the home gold worth on October 15 remained unchanged for some main gold manufacturers.
Gold ring costs on October 15 persevered to extend very strongly in some gold manufacturers.
In particular, the cost of 9999 Hung Thinh Vuong spherical gold ring at Doji is indexed at 82.95 – 83.85 million VND/tael (purchasing – promoting), maintaining each purchasing and promoting instructions unchanged at a report stage. of home gold ring worth in comparison to the former consultation’s shut.
Saigon Jewellery Corporate (SJC) indexed the cost of SJC gold rings sorts 1-5 at handiest 81.8 – 83.2 million VND/tael (purchasing – promoting), an build up of 200,000 VND/tael for each. purchasing and promoting path in comparison to the top of the former buying and selling consultation.
Bao Tin Minh Chau indexed the cost of undeniable spherical rings at 82.93 – 83.83 million VND/tael (purchase – promote), an build up of 410,000 VND/tael for each purchasing and promoting.
PNJ indexed the cost of undeniable spherical gold rings at 82.8 – 83.8 million VND/tael (purchase – promote), an build up of 500,000 VND/tael for each purchasing and promoting instructions.
Consistent with up to date global gold costs as of the afternoon of October 15 (Vietnam time), global gold costs on October 15 diminished with spot gold down 9.5 USD, down to two,649.7 USD/ounce.
Gold futures closing traded at 2,663.7 USD/ounce, down 12.6 USD in comparison to crack of dawn of the similar day.
The buck’s restoration at first of the week put drive on gold, inflicting the dear steel to lose 0.2% after achieving its perfect stage in additional than every week in early buying and selling.
– Viettel holds the location of probably the most precious logo, perfect rated for sustainable construction in Vietnam
Within the Rating of 100 Maximum Treasured Manufacturers in Vietnam 2024 just lately introduced via Logo Finance – the arena’s main logo valuation corporate, the Army Trade and Telecommunications Staff (Viettel) maintains its place for 9 years. often being probably the most precious logo in Vietnam, and on the similar time the endeavor maximum extremely liked via the general public for sustainable construction.
In 2024, the worth of public consciousness of Viettel’s stage of sustainable construction is estimated to achieve 756 million USD. That is the second one 12 months Logo Finance has measured this worth and Viettel has taken the lead for two consecutive years, keeping up a 3-7 occasions hole in comparison to the manufacturers at the back of operations within the fields of telecommunications, F&B, and banking. , actual property.
Consistent with Logo Finance, this worth represents shoppers’ evaluate of a trade’s stage of dedication to sustainable construction. The index displays that Viettel’s technological and monetary contributions to fixing social issues and making improvements to the standard of lifetime of Vietnamese persons are being extremely liked via the general public.
This evaluate contributes to Viettel’s general logo worth of 8.9 billion USD. Viettel is probably the most precious Vietnamese logo for 9 consecutive years. Viettel could also be the one logo within the most sensible 3 most useful manufacturers in Vietnam in 2023 to care for logo worth expansion.
– Actual property and shares plummeted, VN-Index dropped greater than 5 issues
Within the consultation on October 15, crimson ruled, particularly in securities and actual property codes, inflicting VN-Index to drop 5.26 issues (-0.41%), down to at least one,281.08 issues.
Last, HoSE had 105 codes expanding and 280 codes reducing, VN-Index diminished 5.26 issues (-0.41%), down to at least one,281.08 issues. The whole buying and selling quantity reached greater than 712 million devices, value 16,629.5 billion VND, an build up of greater than 6% in quantity and eight% in worth in comparison to the day before today’s consultation. Settlement transactions contributed just about 37 million devices, value 1,063 billion VND.
In these days’s consultation, 5/19 industries higher together with retail (+0.61%), business (+0.24%), elementary sources (+0.24%), banking (+0, 13%), meals and drinks (+0.08%). Then again, the positivity is principally because of the have an effect on of a few pillar shares reminiscent of MWG (+1.26%), BID (+1.21%), HPG (+0.37%)…
Vin inventory workforce is the point of interest. The great expansion previously few classes has introduced excellent income, particularly in VHM, so the wish to take income could also be more potent. VHM this afternoon fell some other 0.67% in comparison to the morning final stage, final down a complete of one.54%, turning into the inventory that led to VN-Index to lose probably the most issues. VIC additionally diminished 1.19%, VRE diminished 1.83%. Those 3 shares took away about 1.4 issues whilst the entire closing 277 cut price codes misplaced just about 7 issues.
Within the monetary workforce, financial institution shares had been divided, whilst shares fell concurrently. 11/7 crimson banking codes with 3 codes reducing greater than 1% are SGB, KLB, NAB however there also are 8 codes expanding, of which VPB higher 0.97%, BID higher 1.21% are the 2 most powerful pillars of VN- Index. The inventory workforce used to be all within the crimson, excluding for BMS, HAC and TVB, even a dozen codes fell greater than 1% together with blue-chips reminiscent of VCI, SSI, HCM, VND…
Actual property shares had been flooded with crimson and closed down 1.2%, of which D2D fell 5.35%, DIG fell 4.24%, HTN fell 5.48%, KBC fell 1.98%, NVL down 1.88%, PDR down 3.83%, TCH down 2.43%, TN1 down 2.39%… To the contrary, 3 codes: HAR, QCG, VPH nonetheless went upstream to hit the ceiling.
At the HNX, the crimson colour additionally expanded, inflicting the HNX-Index to ease its downward momentum prior to slowing down within the closing mins.
On the shut, 48 codes higher and 93 codes diminished, HNX-Index diminished 1.76 issues (-0.76%), right down to 228.95 issues. The whole matched quantity reached greater than 50.9 million devices, value 971.4 billion VND. Settlement transactions incorporated an extra 2.14 million devices, value 18.3 billion VND.
On UpCoM, buying and selling additionally bogged down and UpCoM-Index persevered to say no prior to slowing down on the finish of the consultation.
Last, UpCoM-Index diminished 0.22 issues (-0.23%), right down to 92.17 issues. The whole matched quantity reached greater than 38.6 million devices, valued at 545.3 billion VND. Settlement transactions incorporated an extra 17 million devices, value just about 281 billion VND.
– Co.opXtra enters Vincom Mega Mall
On October 18, 2024, Ho Chi Minh Town Industry Cooperative Union (Saigon Co.op) will welcome a brand new member: Co.opXtra Lengthy Binh. That is the fifth Co.opXtra of the hypermarket device, with heavy funding in product construction, buying groceries house, and updating generation traits of contemporary retail. This could also be the one position to buy client items at Vincom Mega Mall Grand Park (District 9, Thu Duc Town).
Co.opXtra Lengthy Binh has a compact house in comparison to basic hypermarket requirements, with a complete trade house from 3,500 m2 to 4,000 m2, occupying one ground of the buying groceries heart. Co.opXtra Lengthy Binh supplies a complete vary of very important client items, from greens, culmination, seafood, meat, poultry, processed meals, cosmetics, and utensils. , model and attire… But even so Vietnamese items accounting for greater than 80%, Co.opXtra’s commodity construction additionally comprises imported items from Singapore, Korea, Japan, The usa, Europe, Australia and New Zealand.
Co.opXtra places buyer revel in and pride first thru making use of a chain of probably the most complicated AI and synthetic intelligence applied sciences within the retail marketplace. Coming to Co.opXtra Lengthy Binh, consumers for the primary time are served via Xtrabot robots, revel in sensible lockers, self-checkout counters, computerized noodle cooking machines…
At the instance of opening, Co.opXtra Lengthy Binh will perform many promotional methods; The fortunate draw program comprises many sexy items with a complete prize worth of greater than 100 million VND and the issuance of unfastened Saigon Co.op member buyer playing cards.
– The Fed can cut back the rate of reducing rates of interest
Governor of the United States Federal Reserve (Fed) Christopher Waller just lately expressed worry concerning the tempo of rate of interest cuts via the Fed, announcing that the financial institution must be extra wary after fresh inflation knowledge used to be “no longer as anticipated”. expectation.”
Ultimate month, the Fed started its rate of interest relief cycle via reducing 0.5 proportion issues, mentioning an important decline in inflation and coming near its long-term goal of two%. Then again, Mr Waller mentioned the information launched within the 3 weeks because the resolution to decrease rates of interest were “asymmetric” and he referred to as the newest inflation indicator a “disappointing end result”.
A document from the United States Division of Hard work closing week confirmed that US client inflation has cooled because the starting of the 12 months as of September 2024, however the Core Shopper Value Index (apart from power and meals) higher. mild. In the meantime, financial expansion and employment stay sturdy regardless of the Fed’s prime rates of interest.
“This knowledge suggests the economic system is probably not cooling as anticipated,” mentioned Mr. Waller. “Whilst we do not need to overreact to this information or downplay it, the information as an entire means that The Fed’s financial coverage must be carried out extra cautiously.”
Mr. Waller’s feedback display that he helps lowering rates of interest at a extra reasonable tempo within the close to long run.
Consistent with knowledge from CME Staff, investors are expecting about an 80% probability that the Fed will lower rates of interest much less at its subsequent assembly in November, and a just about 20% probability that the Fed will depart rates of interest unchanged.