Morning brief 30/10/2025
GLOBAL MARKET
47,632.00
1D -0.16%
YTD 11.96%
6,890.59
1D 0.00%
YTD 17.15%
23,958.47
1D 0.55%
YTD 24.07%
16.92
1D 3.05%
9,756.14
1D 0.61%
YTD 19.37%
24,124.21
1D -0.64%
YTD 21.17%
8,200.88
1D -0.19%
YTD 11.11%
64.16
1D 0.71%
YTD -14.51%
3,955.91
1D -1.52%
YTD 50.13%
Wall Street opened strongly on October 29, pushing all three major indexes to fresh record highs. However, by the end of the session, only the Nasdaq Composite managed to hold gains, closing up 0.55%, supported by continued strength in Nvidia shares. The rally faded after Fed Chair Jerome Powell tempered market expectations, stating there were “very different views on how to proceed in December 2025” among committee members. “A further rate cut at the December 2025 meeting is not a foregone conclusion — absolutely not,” Powell said.
VIETNAM ECONOMY
4.22%
1D (bps) -123
YTD (bps) 25
4.60%
3.22%
1D (bps) -7
YTD (bps) 75
3.75%
1D (bps) 10
YTD (bps) 90
26,345
1D (%) -0.02%
YTD (%) 3.11%
31,473
1D (%) 0.01%
YTD (%) 15.43%
3,768
1D (%) 0.04%
YTD (%) 5.80%
The Federal Reserve cut interest rates by 0.25 percentage points at the conclusion of its two-day policy meeting on Wednesday afternoon, bringing the benchmark rate to a 3.75%–4% range. This marks the second rate cut of the year. Prior to the decision, investors had expected an additional 0.25% cut in the December 2025 meeting.
VIETNAM STOCK MARKET
1,685.83
1D 0.32%
YTD 33.08%
268.04
1D 0.47%
YTD 17.86%
1,949.76
1D 0.02%
YTD 44.99%
112.64
1D 1.51%
YTD 18.49%
-1,559.98
28,297.00
1D -13.40%
YTD 56.07%
VN-Index pared losses to close 10 points higher after the ATC session, recovering from a drop of more than 20 points in the final 30 minutes of trading. Proprietary traders of securities firms were net sellers of over VND 336 billion, mainly in VIC (VND 45 billion) and MSN (VND 40 billion), while they net bought HPG (VND 16 billion) and TCB (VND 10 billion).
INTRADAY
VN30 (12M)
SELECTED NEWS
- Vietnam and the United Kingdom have upgraded their relations to a Comprehensive Strategic Partnership;
- President Luong Cuong met with U.S. President Donald Trump;
- A proposal has been made to raise the basic salary starting January 1, 2026, instead of waiting until mid-year;
- The Federal Reserve (Fed) continued to cut interest rates and set a timeline to end its quantitative tightening program;
- Fed Chair Jerome Powell stated that a rate cut in December is not guaranteed;
- The President of South Korea has requested U.S. approval to use nuclear fuel for submarines.
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