1- Market information.
Russian Statistics Agency Rosstat said that according to preliminary estimates, Russia’s growth in the third quarter was 5.5% over the same period last year. In particular, many economic activities showed acceleration, from retail, manufacturing, construction to agriculture.
Closing the session on November 16, Brent crude oil price decreased by 4.6% to 77.42 USD per barrel. US crude oil fell 4.9% to 72.9 USD. During the session, the price of both types of oil at one point lost nearly 6%, reaching 76.6 USD and 72.16 USD respectively. This is the lowest level in the recent 4 months.
Analyzing the third quarter 2023 business results of 770 manufacturing and trading enterprises listed on the stock exchange (accounting for more than 41.3% of market capitalization), WiGroup said that interest expenses in the third quarter/ 2023 of this group of businesses is down VND 1,552 billion compared to the previous quarter (corresponding to a decrease of 11.2%).
2- Gold market
Last week, world gold prices increased sharply thanks to the prospect that the Fed had completed the cycle of tightening monetary policy. Closing the weekend trading session at 1981.1 USD/ounce (up nearly 1.8%). Domestically, SJC gold price fluctuated in the same direction, increasing from 450,000 – 800,000 VND/tael. Specifically, DOJI Group is listing the buying and selling price of SJC gold at 70 – 70.75 million VND/tael.
3- Stock fund certificates
The stock market experienced a rather tense trading week as its upward momentum slowed compared to the previous week. Considering the whole week, VN-Index decreased 0.49 points, reaching 1,101.19 points. Open-ended stock funds still maintain performance compared to the market, the risk level of the portfolio is always maintained lower than the general market. In there, VCBF-MGF stock fund certificates are having the best performance from the beginning of 2023 until now at 30.23%.
4- Bond fund certificates
In the past week, bond funds have maintained a stable profit level with a positive rate of return of over 6%. Among them, DFVN-FIX bond fund certificates are having the best performance level from the beginning of 2023 until now is 9.05%.