Weekly Report

Expectations for Fed's dovish policy still helped global and domestic stock markets close up today

Vietnam stock market rallied, similar to the global stocks' upward movements on the expectation that the Fed would maintain the current dovish monetary policy until the data reflects a long-term improvement in the labor market

Vietnam's stock market rallied alongside the world stock market's rebounds after the US bond yields fell despite the lately announced May CPI increase of 5%.

Stocks struggled and closed down as investors are cautious, waiting for the US CPI to be disclosed tonight

Stocks were hit hard by investors' strong selldown, especially in banking and oil-gas stocks

Vietnam's stock market dropped after the Ministry of Planning and Investment predicted that 6M21 GDP growth would reach 5.8%, lower than the target of 7.11% set by the Government

Stocks posted gains, underpinned by surging oil and gas stocks given upward oil price movements.

Stocks picked up as trading volumes hit a record high after the Ministry of Health said more than 120 million doses of COVID-19 vaccines will be available domestically in 2021

Vietnamese stocks rallied as the Vietnam Securities Depository (VSD) disclosed the number of new accounts opened in May was large with 114,100 accounts

The VN-Index gained in the morning session thanks to Standard Chartered Bank's rosy forecast of Vietnam's GDP growth at 6.7% in 2021 and 7.3% in 2022 before it stopped trading for the system's safety