Vietnam Insight

The market was excited on negotiation expectations. On Friday, the S&P 500 rose 1.47%, marking its ninth day gain—its longest winning streak since November 2004. The Dow and the Nasdaq Composite also advanced 1.39% and 1.51%, respectively. Wall Street has now fully recovered the losses incurred following President Donald Trump's announcement of sweeping reciprocal tariffs on April 2. Optimism is building that the US may soon reach trade agreements with key partners such as India, Japan, and South Korea. In addition, China said that it is assessing the possibility of starting trade negotiations with the US, boosting sentiment further. This week, investors will closely watch the Federal Reserve’s policy meeting, where officials are expected to keep interest rates unchanged amid ongoing trade-related uncertainties. A fresh batch of corporate earnings reports is also due, which could provide additional direction for the markets.

The market is accumulating. VNINDEX closed at 1,226.3 (-0.5 points, -0.04%) with lower liquidity compared to the 20-session average. The market had 226 advancing stocks and 274 declining stocks, showing differentiation among industry groups. Foreign investors were net sellers of 254 billion VND, with the majority of the value concentrated in VIC shares.

Trading Strategy: Long-term investors may consider allocating funds into stocks with strong fundamentals and a solid accumulation base at low weight. We can focus on stocks benefiting from domestic internal factors in sectors such as: Steel, banking, securities, and power.