Summary
In regular trading on Monday, the Dow rose 0.13%, the S&P 500 gained 0.27% and the Nasdaq Composite rallied 0.83%. Traders also look ahead to several other key indicators due this week to assess the economic performance and the monetary policy outlook, including the jobs report, JOLTS, and the ISM PMI, as well as the latest FOMC minutes. The ISM Manufacturing PMI unexpectedly declined to 48.5 in June 2024 from 48.7 in May, below forecasts of 49.1.
The VNINDEX closed at 1,254, up 9.24 points (0.74%), with low liquidity. There were 276 stocks up and 141 stocks down. Stocks that contributed to the market's rise included CTG, VCB, and MWG, while TCB, FPT, and POW contributed to the market's decline. Most industry groups fell, with the oil and gas group falling the most. Foreign investors net sold about VND 791 billion.
- World stocks: US ISM Manufacturing PMI falls below forecast
- Vietnamese stocks: Efforts to establish an equilibrium
- Macro news
- Business news: #DSE, #KBC, #GVR, #PDR, #FRT, #VNM
- Technical perspective and updated recommendations
- Event calendar
- Q&A
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