Vietnam Insight

Last week, the Dow rose 1.27%, the S&P 500 gained 1% and the Nasdaq Composite climbed 0.89%. Those moves came as investors piled on bets that US interest rates have already peaked, with weak consumer spending data suggesting the Federal Reserve’s rate hikes are finally starting to weigh on the broader economy. 

VNINDEX closed at 1,095.6 points (+7.12 points, +0.65%) with liquidity higher than the 20 session average. The market increased with 146 green codes and 381 red codes. The market leading group includes SAB, BID and HPG, on the contrary, MSN TCB VNM stock group contributed the most to the market decline. Foreign investors returned to net buying after 3 record selling sessions. 

• World stocks: The good upward momentum from the US market is still maintained
• Vietnamese stocks: Good accumulation at low base
• Business news: #NVL, #MWG, #HBC, #SIP, #PDR
• Highlights: Update some US economic data
• Technical perspective and updated recommendations
• Event calendar
• Q&A