Vietnam Insight

In regular trading on Tuesday, the S&P 500 and Nasdaq Composite jumped 0.97% and 1.45%, respectively, while the Dow rose 0.3%. Those moves came as last week’s solid jobs report raised hopes that the Federal Reserve will achieve a soft landing. Investors also reacted to a sharp drop in oil prices, while the 10-year US yield held above 4%. Still, investors expect further volatility in the lead up to the US presidential election. Markets now look ahead to the latest Fed minutes and big bank earnings.

The VN-Index closed at 1,271.98 points, up 2.05 points (+0.16%) with slightly increased trading volume and a 20-day sideways movement. The market saw 176 gainers and 179 decliners. Stocks contributing to the market's uptrend included LPB, HPG, and VNM, while VCB, MWG, and BID weighed on the market. Foreign investors were net sellers of more than 116 billion dong

• World stocks: Stable and awaiting weekend job data"
• Vietnamese stocks: Life is saved
• Macro news
• Business news: #MBS, #TCB, #HDB, #CII, #VIX, #NLG
• Technical perspective and updated recommendations #HPG
• Event calendar
• Q&A