Vietnam Insight

In regular trading on Tuesday, the Dow and S&P 500 fell 0.08% and 0.28%, respectively, with both benchmarks declining for the third straight day. The Nasdaq Composite also dropped 0.42% for its second straight losing day. Those moves came as investors took some profits and reassessed market valuations following a strong rally driven by interest rate cut expectations and artificial intelligence optimism. 

VNINDEX closed at 1,282.2 (+14.35 points, +1.13%) with low liquidity. The market had 342 green stocks and 139 red stocks. The stocks that contributed to the market's increase were GVR VPB TCB. On the contrary, the stocks that contributed to the market's decline were MSN VND SAB. Most sectors rose, with chemicals, oil and gas, and banking sectors having the strongest gains. Foreigners continued to net sell lightly at about 170 billion VND.

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