Vietnam Insight

In regular trading on Monday, the Dow rose 0.58%, the S&P 500 gained 0.74% and the Nasdaq Composite jumped 1.13%. The dollar index weakened to around 103.6 on Monday, hovering at its lowest levels in 11 weeks as recent data reinforced bets that the Federal Reserve has reached the end of its tightening cycle. The central bank is widely expected to keep rates unchanged again in December, while markets see a 30% chance that the Fed could begin lowering rates as early as March 2024. Inventors now await the latest FOMC minutes and a slew of economic data in the US for further guidance.

VNINDEX Closes at 1103.6 (+2.4 points, +0.22%). The market had 203 green and 314 red stocks. The leading stock groups included VCB, GVR, and VIC, while VNM, MWG, and MBB contributed to the market's decline. The strongest rising sectors included financial services and chemicals; on the other hand, the weakest falling sector was retail services. Foreign investors bought heavily in today's session.

• World stocks: Mixed developments
• Vietnamese stocks: Strong buying pressure in the low-price range
• Business news: #IRC, #VHM, #HBC, #PNJ, #PDR, #HVN
• Technical perspective and updated recommendations
• Event calendar
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