Vietnam Insight

On Monday, the Dow dropped 0.61%, the S&P 500 fell 0.28%, and the Nasdaq Composite declined 0.33%. Recent polls suggest a tight race between Vice President Kamala Harris and former President Donald Trump, with markets also focusing on which party will control Congress as a potential sweep could bring significant shifts in spending and taxation policies. Investors are also awaiting the Federal Reserve's policy decision later this week, where a more cautious 25-basis-point rate cut is widely expected

VNINDEX closed at 1,244.71 (-10.18 points, -0.81%) with liquidity equal to the 20-session average. The market had 93 green codes and 287 red codes. The group of stocks contributing to the market's increase included REE KBC and FtS while VCB VPB and GVR contributed to the market's decline. Major industry groups all decreased, of which the basic materials group decreased the most. Foreign investors net sold more than 671 billion VND, mainly concentrated in MSN and VHM.

• World stocks: The 2024 US election officially begins
• Vietnamese stocks: Wait for buyers reaction
• Macro news
• Business news: #VCG, #SBD, #PVS, #HDB, #TCM, #AGM
• Event calendar
• Q&A