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 1,264.90 (+5.95 points, +0.47%) with liquidity recovering above the 20-session average. The market had 231 green stocks and 148 red stocks. The group of stocks contributing to the market's increase included CTG VCB FPT while HPG VIC VRE contributed to the market's decrease. Excluding the basic materials group, the remaining industry groups all increased well. Foreign investors net bought more than VND 312.27 billion.

• World stocks: Surprised by the Fed's decision to cut interest rates by 0.5%
• Vietnamese stocks: Liquidity has improved
• Macro news
• Business news: #VFC, #DIG, #PNJ, #RAL, #FLC, #VHM
• Technical perspective and updated recommendations  
• Event calendar
• Q&A