Vietnam Insight

US stocks declined sharply on Tuesday, posting their worst day since the August 5, driven by economic concerns and a significant selloff in tech stocks. The S&P 500 tumbled by 2.1% and the tech-heavy Nasdaq plummeted 3.1% while the Dow Jones shed 625 points.

The VN-Index closed at 1,283.87 points (+2.4 points, +0.19%) with trading volume decreasing around the 20-session average.. The market had 202 green stocks and 180 red stocks. Stocks contributing to the market's uptrend included TCB, FPT, and HVN, while BID, HPG, and MSN contributed to the decline. Foreign investors were net buyers of 66 billion VND.

• World stocks: The Dow Jones plummeted 600 points to kick off September
• Vietnamese stocks: Low trading volume
• Macro news
• Business news: #QTP, #VLC, #POW, #BCM, #GEG, #MCH
• Technical perspective and updated recommendations  #DPR, #VHC
• Event calendar
• Q&A