Vietnam Insight

In regular trading on Tuesday, the Dow and S&P 500 gained 1.04% and 1.69%, respectively, while the tech-heavy Nasdaq Composite rallied 2.43%. Those moves came as investors cheered cooler-than-expected producer inflation data that supported bets for a larger interest rate cut from the Federal Reserve in September. Year-on-year, producer inflation decreased to 2.2% from an upwardly revised 2.7% in June.

The VN-Index closed at 1,230.4 points (+0.14 points, +0.01%) with lower-than-average trading volume over the past 20 sessions. The market saw 234 decliners and 162 gainers. Stocks contributing to the market's uptrend included VCB, VNM, and NAB, while HPG, GAS, and TCB weighed on the index. The telecommunications sector bucked the trend and posted strong gains. Foreign investors were net buyers of about 325 billion dong.

• World stocks: US PPI data came in below expectations
• Vietnamese stocks: Many resistance zones ahead
• Macro news
• Business news: #TCM, #FMC, #NT2, #PDR, #BSR, #GEG
• Technical perspective and updated recommendations 
• Event calendar
• Q&A