Vietnam Insight

US stock futures held steady on Friday as investors return from a one-day holiday, with focus now turning to a crucial monthly jobs report. The nonfarm payrolls report is expected to show further signs of a cooling labor market in the US, supporting the case for the Federal Reserve to start cutting interest rates soon. 

VNINDEX closed at 1,279.89 (+3.04 points, +0.24%), liquidity continued to remain lower than the 20-session average. The market has 179 green codes and 207 red codes. The group of stocks contributing to the market's uptrend includes FPT, LPB and PLX, whereas VCB POW and SAB contribute to the market's downtrend. Most industry groups recovered positively. Foreign investors net sold about VND 577.63 billion.

• World stocks: Forecasting U.S. labor market cooling down
• Vietnamese stocks: Slowed down after many consecutive increasing sessions
• Macro news
• Business news: #VSC, #HAX, #ASM, #LHG, #ITA, #VNFIN
• Technical perspective and updated recommendations 
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