Vietnam Insight

US futures rally after inflation. Wall Street’s major indexes rose on Tuesday, with the S&P 500 and Nasdaq hitting record highs, gaining 1.1% and 1.4% respectively, after July’s inflation data largely met expectations. The Consumer Price Index increased 0.2% month-over-month and 2.7% year-over-year, easing concerns about rising prices amid ongoing trade tensions. This bolstered expectations for a Federal Reserve rate cut next month, with traders pricing in about a 90% chance of a 25-basis-point reduction in September.

Waiting for trend confirmation. VNINDEX closed at 1,608.22 (+11.36 points, +0.71%) with liquidity around the 20-session average. The market had 176 stocks increasing and 156 stocks decreasing. The group of stocks contributing the most to the market's increase were BID, LPB, VCB while VIC VHM VRE contributed to the market's decrease. Foreign investors net sold about 688 billion, focusing on VHM and FPT.

Trading Strategy: In technical correction sessions around 1,510-1,550 points, investors can consider partial disbursement in stocks with good business results and benefiting from market upgrade expectations. In case institutional cash flow does not reappear in the 1,450-1,510 point area, investors can reduce the proportion of stocks to manage risks.