Vietnam Insight

Positive developments across all markets. US stock futures were mixed on Thursday as investors digested earnings from major tech firms. Nasdaq 100 and S&P 500 futures rose 0.4% and 0.1%, respectively, lifted by a 2% gain in Alphabet shares after the company topped both earnings and revenue expectations. In contrast, Tesla fell 4.5% in extended trading as a decline in auto revenue disappointed investors. Dow futures slipped 0.3%, dragged lower by a more than 5% drop in IBM after its Q2 software revenue missed estimates. In Wednesday’s regular session, the Dow rallied 1.14%, the S&P 500 added 0.78%, and the Nasdaq Composite rose 0.61%, supported by optimism over fresh trade developments and resilient corporate earnings. President Donald Trump announced a trade deal with Japan that includes 15% tariffs on its exports to the US, while reports indicated progress toward an agreement with the EU.

The growth momentum slow down. VNINDEX closed at 1,512.31 (+2.77 points, +0.18%) with liquidity around the 20-session average. The market had 203 stocks increasing and 120 stocks decreasing. The group of stocks contributing the most to the market's growth was VPB, VJC, HDB while VHM VIC TCB contributed to the market's decline. Foreign investors net bought about 248 billion, mainly focusing on FRT and VPB

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.