Vietnam Insight

In Wednesday's regular session, the Dow and S&P 500 inched up by 0.11% and 0.02%, respectively, while the tech-heavy Nasdaq Composite fell 0.26%. These moves came as US inflation figures for October met expectations, though a slight uptick suggested that the Federal Reserve's battle against inflation is far from over.The annual inflation rate in the US accelerated to 2.6% in October 2024, up from 2.4% in September which was the lowest rate since February 2021, and in line with market expectations.

VNINDEX closed at 1,246.04 (+1.22 points, +0.10%) with liquidity around the 20-session average. The market had 153 green codes and 203 red codes. The group of stocks contributing to the market's increase included VCB VPB and HVN while HPG GVR and BID contributed to the market's decrease. Apart from the decrease of the oil and gas group, the remaining industry groups all adjusted slightly upward. Foreign investors net sold more than 174 billion VND, mainly concentrated in VPB and SSI.

• World stocks: US inflation data is in line with expectations
• Vietnamese stocks: Balance at EMA200
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