Vietnam Insight

The S&P 500 and Nasdaq closed at new record highs for a fourth consecutive session on Thursday, with gains of 0.2% and 0.3% respectively, boosted by a rally in tech shares while the Dow Jones lost 65 points. Investors were weighing cooler-than-expected inflation data against the Federal Reserve's tempered rate-cut expectations The latest PPI report indicated ongoing easing of inflationary pressures, reviving the possibility of multiple rate cuts this year.

VNINDEX closed at 1,301.51 points (+1.32 points, +0.1%), with liquidity matching the average of the past 20 sessions. The market had 246 gainers and 187 losers. BID, MBB, and CTG were among the stocks that contributed to the market's gain, while FPT and SAB were among those that contributed to the market's decline. Most industry groups were up, led by the industrial and technology sectors. Foreigners continued to net sell around VND 1,413 billion.

• World stocks: S&P 500 sets record for 4th straight day
• Vietnamese stocks: All-out effort to close above 1,300
• Macro news
• Business news: #PGV, #QCG, #HBC, #HVN, #TCM, #ACV
• Technical perspective and updated recommendations #BID 
• Event calendar
• Q&A