External broker reports(aggregated public sources), Vietcap

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External broker reports(aggregated public sources)

Macroeconomics

Philippines Stock Exchange PSEi Index (PCOMP INDEX)

<ul><li>The VN-Index (VNI) declined 1.8% in October: The VNI started October with four consecutive declining sessions (VNI: -1.7% from October 1st to 7th) due to high profit taking pressure as the VNI approached the 1,300-point level.</li><li>However, the VNI then recovered (VNI: +1.3% from October 7th to 17th) as sentiment improved on upbeat macro data (Vietnam posted +6.8% YoY GDP growth in 9M 2024) and rallies in US equities (S&amp;P500: +2.6%; Nasdaq: +2.5%; DJI: +3.1%) in the same period.</li><li>However, upward momentum was not sustained and the VNI declined towards the end of the month (VNI: -1.7% from October 17th to 31st) due to several reasons, including: (1) profit-taking pressure returned; (2) the SBV resumed T-bill issuance (the SBV net withdrew VND52.1tn (USD2.1bn) from October 18th to November 1st from the banking system); and (3) foreign investors net sold around USD358.3mn on HSX in the second half of October. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The VN-Index (VNI) declined 1.8% in October: The VNI started October with four consecutive declining sessions (VNI: -1.7% from October 1st to 7th) due to high profit taking pressure as the VNI approached the 1,300-point level.However, the VNI then recovered (VNI: +1.3% from October 7th to 17th) as sentiment improved on upbeat macro data (Vietnam posted +6.8% YoY GDP growth in 9M 2024) and rallies in US equities (S&amp;P500: +2.6%; Nasdaq: +2.5%; DJI: +3.1%) in the same period.However, upward momentum was not sustained and the VNI declined towards the end of the month (VNI: -1.7% from October 17th to 31st) due to several reasons, including: (1) profit-taking pressure returned; (2) the SBV resumed T-bill issuance (the SBV net withdrew VND52.1tn (USD2.1bn) from October 18th to November 1st from the banking system); and (3) foreign investors net sold around USD358.3mn on HSX in the second half of October. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Jakarta Stock Exchange Composite Index (JCI INDEX)

Market Recap October 2024 - VN-Index Declines After Three Months of Gains