Vietnam Insight

Impact from the U.S. military operation in Venezuela. US stock futures held steady on Monday as investors assessed the implications of the US military operation in Venezuela that resulted in the capture of President Nicolas Maduro. President Trump said on Saturday that the US would “run” Venezuela until a proper political transition takes place, though Secretary of State Marco Rubio struck a more measured tone on Sunday, emphasizing that Washington has leverage to achieve its objectives while stopping short of suggesting direct US governance. Venezuela currently produces less than 1 million barrels of crude oil per day, accounting for under 1% of global output, limiting the impact on oil markets. Meanwhile, investors are looking ahead to a busy week of US economic data, highlighted by the December jobs report due Friday. Markets are also monitoring the CES technology show in Las Vegas, where major tech companies are set to unveil their latest products.

Recovery. VNINDEX closed at 1,784.49 (+17.59 points, +1.00%) with liquidity falling below the 20-session average. The market recorded 134 gainers and 185 losers.The primary laggards weighing down the market were GAS, STB, and BID, while the top contributors to the index's gains were VIC, VHM, and HDB. Foreign investors were strong net buyers, injecting 720 billion VND, with a focus on STB and VPL.

Trading Strategy: Short-term investors may consider participating in stocks showing strong upward signals above the 20-day moving average (MA20), such as the banking, oil & gas, and utilities sectors. Medium-term investors can view pullbacks toward the 1,680 level as favorable opportunities for disbursement.