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Notable Financial Events for March 4-8
This week will see significant meetings happening all over the world, from the US to Europe and China. In addition, important economic data that will impact the market are also expected, which will surely grab the attention of investors.
OPEC+ extends production cuts until the end of Q2, will oil prices spike?
Saudi Arabia and Russia, the world's top oil-producing and exporting countries, along with other key members of OPEC+, have recently decided to extend their voluntary production cuts plan until the end of the second quarter of this year.
7 reasons that make predicting the global steel industry outlook in 2024 challenging
In the context of global inflation and economic recession, the 'giant' mining company BHP is still uncertain about the prospects of the steel industry due to the influence of China - the world's largest steel producer.
China’s Super City unveils 24 measures aiming to ‘release’ cars into the world, millions...
This place aims to become the "new world-class city of automobiles".
The Great Durian War in China: Citizens eagerly await new imports, will Thailand lose...
The chart illustrates that Vietnam's durian exports to China have experienced significantly higher growth compared to Thailand.
First visit to Vietnam, a “made in China” plane conceals something
During the exhibition held in Quang Ninh province (Vietnam), something was discovered to be concealed inside the Chinese airplane. What could it be?
Million Dollar Mansion Transformed into… Cow Shed
Numerous real estate projects in China have come to a standstill due to the financial collapse of investors. It is predicted that these abandoned villas will be difficult to revive, resulting in wastage and a loss of trust in the real estate market by the residents.
Overcoming the Obstacles of Hanoi’s Capital City
The economic position tends to decline compared to other provinces and cities in the Red River Delta region, making it one of the bottlenecks of the capital, Hanoi.
Who will dominate the durian market in China? Vietnam and two ASEAN countries challenge...
SMCP reported that China imported a total of 1.4 million tons of durian in 2023.
Noteworthy Financial Events: Feb 26th – Mar 1st
The upcoming week is expected to bring important data on inflation from the US, Europe, and Japan. Market participants will also closely watch for other significant figures, such as China's PMI index. All of these events come at a time when policymakers are debating how to reignite economic growth engines amid the global trade tensions.
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Ho Chi Minh City: Preserving the Minimum Parcelization Threshold for Residential and Agricultural Land...
The proposed replacement for Decision 60/2017 stipulates that all land plots, both before and after subdivision, must abut a transportation route approved by the relevant authorities.
“Coinbase Restores Functionality, But Withdrawals Remain Unavailable”
Coinbase, the world's second-largest cryptocurrency exchange by trading volume, suffered a major outage.
A New Major Shareholder Arrives, HAG Board Member Resigns After Three Decades of Dedication
The Hoang Anh Gia Lai Joint Stock Company (HAGL) has announced the resignation of Mr. Nguyen Chi Thang from their Board of Directors. Mr. Thang tendered his resignation on May 7th, citing personal reasons.
The Market Beat: The Prolonged Divergence Play
The market closed with the VN-Index down 3.94 points (-0.32%) to 1,244.7, while the HNX-Index climbed 1.1 points (0.47%) to 235.68. Bears dominated the market breadth with 396 declining stocks against 342 advancing ones. The large-cap stocks in the VN30-Index basket painted a similar picture, with 22 losers, 4 gainers, and 4 stocks closing flat.
Market Beat: VN-Index Surges Ahead
The market ended the session on a positive note, with the VN-Index climbing 1.68% to 1,241.58 and the HNX-Index gaining 1.78% to close at 232.29. The market breadth tilted in favor of bulls with 583 advancing stocks against 189 declining ones. The large-cap stocks in the VN30 basket painted a rosy picture, as evident from 28 gainers and merely 2 losers.
