[Morning call] - Banking stocks lead the market
08/07/2025

Summary

President Donald Trump unveiled revised tariff rates on 14 countries that have yet to reach trade agreements. US stock futures edged lower on Tuesday after President Donald Trump unveiled revised tariff rates on 14 countries that have yet to reach trade agreements with Washington. The updated measures include a 25% levy on key exporting nations such as Japan and South Korea, as well as Laos, Myanmar, Cambodia, Thailand, Bangladesh, Serbia, Indonesia, Bosnia and Herzegovina, South Africa, Kazakhstan, Malaysia, and Tunisia. Trump also signed an executive order extending the deadline for reciprocal tariffs to August 1 from the previous date of July 9, noting that the decision followed consultations with senior administration officials. In a further escalation, the president warned of an additional 10% tariff on countries supporting what he described as the “Anti-American policies of BRICS,” referencing the bloc’s summit currently underway in Brazil. In Monday’s regular session, the Dow fell 0.94%, the S&P 500 declined 0.79%, and the Nasdaq Composite dropped 0.92%.

 

Closing session at 1,400. VNINDEX closed at 1,402.06 (+15.09 points, +1.09%) with high liquidity exceeding the 20-session average. The market had 224 stocks increasing and 87 stocks decreasing. The group of stocks contributing the most to the market's increase were CTG, BID, VPB while GEX HVN BVH contributed to the market's decrease. Foreign investors net bought about 1,232 billion, the value mainly concentrated in SHB and FPT stocks

 

Trading Strategy: Investors should be more cautious as the market has increased sharply in the recent period. If you buy new stocks, you can buy with a low proportion, prioritizing groups that closely follow the MA 20/50/200 support. Investors with a safe appetite can disburse with stocks that are around the accumulation base such as banks.

Category
Daily
Author
Hoang Nam
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