Vietnam Insight

The S&P 500 was nearly flat after the US-EU trade agreement. US stocks were little changed on Monday as investors digested a new US-EU trade agreement and looked ahead to a busy week filled with earnings reports and key economic data. The S&P 500 finished slightly higher at record levels, the Nasdaq 100 added 0.3% to extend its record close, while the Dow slipped 64 points. President Trump unveiled a tariff deal with the EU, setting a 15% baseline—down from the previously threatened 30%—as hopes for an extended US-China truce also grew. Despite easing trade tensions, market sentiment remained cautious due to continued uncertainty over the broader economic impact of tariffs

Correction pressure emerged. The VNINDEX closed at 1,493.41 points, down 64.01 points (-4.11%), with a surge in liquidity, significantly exceeding the 20-session average. There were 41 advancing stocks and 314 declining stocks on the market. The stocks contributing most to the market's gains were VGC, BSR, and PET, while VCB, VHM, and BID were the biggest contributors to the market's decline. Foreign investors were net sellers of approximately 882 billion VND, primarily focusing on FPT, MWG, and VIX.

Trading Strategy: During technical correction sessions around 1,400-1,450 points, investors can consider gradually disbursing funds into stocks with good business results that stand to benefit from the expectation of a market upgrade. If institutional cash flow does not reappear in the 1,400-1,450 point range, investors can reduce their stock proportion to manage risk.