Vietnam Insight

Market sentiment improved. On Tuesday, the Dow gained 0.3%, the S&P 500 rose 0.72%, and the Nasdaq Composite climbed 1.35%. Notably, Palantir surged 24% after surpassing revenue forecasts and issuing optimistic guidance. Meanwhile, investors continue to monitor shifting global trade dynamics as the US and its international partners have so far taken a cautious stance on tariffs.

Recovery trend. VNINDEX closed at 1,264.68 (+11.65 points, +0.93%) with higher-than-average liquidity over the past 20 sessions. Blue-chip stocks led the gains, with banks and securities stocks spreading the positive momentum to the market. The VN-Index closed with a green Marubozu candlestick, negating the previous decline, accompanied by improved liquidity. In the following sessions, the VN-Index may experience fluctuations as it approaches the resistance level of 1275 points.

Trading Strategy: The market is currently trending towards a sideways trading pattern. For short-term trading, investors can consider deploying capital around the 1,240-point range and gradually take profits as it approaches 1,300 points. With a buy-and-hold strategy, investors can deploy additional capital when the VN-Index breaks out of and successfully defends the 1,300-point zone.