Vietnam Insight

Gold sees sharp volatility. US stock futures fell slightly on Friday as investors digested the latest earnings reports. In extended trading, Apple shares rose about 0.6% after beating fiscal first-quarter earnings and revenue expectations, supported by strong iPhone sales. Data storage firm Sandisk surged nearly 15% on robust guidance, while KLA Corp fell more than 8% after its fiscal third-quarter non-GAAP gross margin forecast came in softer than anticipated. In regular trading on Thursday, the Dow rose 0.11%, while the S&P 500 and Nasdaq Composite fell 0.13% and 0.72%, respectively. Microsoft shares dropped roughly 10% after signaling slower cloud growth, triggering broader losses across software stocks as investors weighed AI-driven revenue potential against high spending requirements. Attention now turns to upcoming earnings from Exxon, Chevron, American Express, and Verizon, among others.

Correction in an uptrend. The VNINDEX closed at 1,814.98 (12.07 points, +0.67%) with trading volume below the average of the last 20 sessions. The market saw 188 gainers and 125 losers. The stocks that significantly impacted the index's correction were VIC, HDB, and GAS; the stocks that helped the index rise were VHM, GVR, and VNM. Foreign investors net sold VND 463 billion, focusing on VIC, ACB, and VCB. Meanwhile, they net bought MSN, FPT, and PNJ.

Trading Strategy: Market corrections often open up opportunities for investors to increase their positions. We recommend focusing on stocks with strong financial results and positive growth prospects for 2026 that have not yet seen a corresponding price increase, such as those in the banking, retail, and securities sectors..

Buy Recommendation: PC1 HPG