Weekly Report

The benchmark VNIndex strengthened as all F1s exposed to the unconfirmed Coronavirus case in Hai Phong were tested negative for the virus

Stocks picked up again alongside global stocks, but rallies narrowed towards the end of the session due to rumors about a new COVID-19 infection in Hai Phong

The VNIndex closed up on promising 3Q macro data and the news the US President Donald Trump would be discharged from hospital soon

Vietnamese and global stocks posted losses after the US President Donald Trump caught COVID-19

The benchmark VNIndex closed higher on news of the State Bank's rate cut

Stocks rallied on the Private Economic Development Research Board proposal to reduce value added tax from 10% to 5%, and the MOLISA plan to expand the group of beneficiaries from the COVID-19 aid package worth VND62,000 billion

Stocks succumbed to strong sell-down amid rising investor caution ahead of the first US presidential debate in 2020, along with concerns that the one-million-passing COVID-19 death toll worldwide would delay the global economic recovery

VNIndex ended higher when the Government officially issued a decree on reducing income tax by 30% for small and medium enterprises

Stocks ended the week with modest losses after FTSE announced Vietnam has not been upgraded to emerging market and continued to be ranked as a frontier in this September review

The VNIndex ended lower tracking global stock falls on the Fed worries over a subdued outlook of the US economy