Vietnam Insight

In regular trading on Monday, the S&P 500 and Nasdaq Composite rallied 0.97% and 1.39%, respectively, extending their winning streaks to an eighth day, the longest in 2024. The Dow also gained 0.58% for its fifth straight winning session. Optimism among investors was high as they anticipated a potential interest rate cut from the Federal Reserve, with a key speech by Fed Chair Jerome Powell at the upcoming Jackson Hole symposium in focus. In extended trading, cybersecurity firm Palo Alto Networks jumped 2% on better-than-expected quarterly earnings and revenue.

VNINDEX closed at 1,261 points (+9.39 points, +0.75%) with higher-than-average trading volume over the past 20 sessions. The market saw 152 decliners and 267 advancers. Stocks contributing to the market's gain included VNM, GAS, and VCB, while HVN, SSI, and GEE contributed to the decline. Telecommunication and consumer goods stocks gained strongly. Foreign investors continued to net sell over 311 billion dong

• World stocks: Positive developments in global markets
• Vietnamese stocks: A market full of enthusiasm
• Macro news
• Business news: #PDR, #MWG, #HAX, #DCM, #BWE, #GEG
• Technical perspective and updated recommendations 
• Event calendar
• Q&A