Vietnam Insight

President Donald Trump announced a new trade agreement with Japan. US stock futures ticked higher on Wednesday after President Donald Trump announced a new trade agreement with Japan that includes a 15% tariff on Japanese exports to the US. Market focus also turned to key earnings reports due later today from megacap tech giants Tesla and Alphabet. Other notable names reporting include Hasbro, Chipotle, and Mattel. On the data front, investors are awaiting existing home sales figures for further clues on the housing market. In Tuesday’s regular session, the Dow gained 0.4% and the S&P 500 edged up 0.06%, while the Nasdaq Composite slipped 0.39%, dragged lower by chipmakers. Nvidia fell 2.4% and Broadcom dropped 3.3% after reports surfaced that SoftBank and OpenAI's large-scale AI venture had stalled. Earnings disappointments also weighed on sentiment, with Lockheed Martin plunging 10.8% and Philip Morris down 8.2% after weaker-than-expected results. General Motors fell 8% after warning of deeper profit hits tied to tariffs.

Cash flow resurgence. VNINDEX closed at 1,509.54 (+24.49 points, +1.65%) with liquidity around the 20-session average. The market had 224 stocks increasing and 103 stocks decreasing. The group of stocks contributing the most to the market's increase were VPB, HVN, LPB while VIC VHM TCB contributed to the market's decrease. Foreign investors net sold about 1,865 billion, if excluding the 1,978 billion net selling of VJC, the market had a net buying session.

Trading Strategy: In technical correction sessions, investors can consider disbursing part of the investment in stocks with good business results expectations and benefiting from market upgrade expectations. Investors can consider investing in stocks that have attracted foreign investors recently, such as banking and real estate.

Buy Recommendation: PDR MSN