Vietnam Insight

In regular trading on Tuesday, the Dow shed 0.04%, the S&P 500 inched up 0.03% and the Nasdaq Composite gained 0.2%. The FOMC's two-day meeting kicks off today, with traders expecting that the Fed will announce its first interest rate cut since 2020. Still, investors remain divided on the size of the reduction, with the odds for a jumbo 50bps cut currently standing above 60%.

VNINDEX closed at 1,258.95 (+19.69 points, +1.59%) with liquidity improving slightly but still below the 20-session average. The market had 312 green stocks and 88 red stocks. The group of stocks contributing to the market's increase included VHM VCB BID while ITA SGR TCD contributed to the market's decrease. All sectors recovered positively, of which the financial sector increased the most. Foreign investors net bought more than VND 524.84 billion.

• World stocks: Favorable trends before the FOMC meeting.
• Vietnamese stocks: Foreign investors bought actively, VN-Index increased positively
• Macro news
• Business news: #HAN, #BAB, #BSR, #VVN, #CTR, #IMP
• Technical perspective and updated recommendations  
• Event calendar
• Q&A