Vietnam Insight

US equities mixed, but book weekly gains. US stocks closed mixed on Friday as investors digested economic data, corporate news, and geopolitical developments. The S&P 500 slipped 0.3% after briefly hitting a record high, while the Nasdaq fell 0.4% amid weakness in chipmakers, with Applied Materials tumbling 14% on a downbeat forecast and Nvidia losing 0.9%. The Dow finished 35 points higher after touching records higher earlier in the session, lifted by a 12% surge in UnitedHealth after Berkshire Hathaway disclosed a major stake

Waiting for trend confirmation. VNINDEX closed the last session of the week at 1,630.00 (-10.69 points, -0.65%) with liquidity higher than the 20-session average. The market had 84 stocks increasing and 261 stocks decreasing. The group of stocks contributing the most to the market's increase were VJC, MBB, BSR while BID VCB and CTG contributed to the market's decrease. Foreign investors net sold about 3,016 billion, focusing on HPG 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. We still expect that the industrial real estate and retail groups will still have good buying opportunities, and expect the correction to open up buying opportunities for the securities group.