Stocks associated with billionaire Pham Nhat Vuong—Vietnam’s richest man and founder of Vingroup—provided major support
Stock market
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The unprecedented point loss will likely prompt analysts to reassess near-term support levels and the overall market sentiment.
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World Markets
Global Week Ahead: ‘Cockroaches’ of Credit Risk Crawl Towards Europe’s Banks as Earnings Kick Off
Warnings from top U.S. financial leaders about burgeoning credit risks appear to be making their way across the Atlantic, casting …
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This cycle, spearheaded by multi-billion-dollar brokerage deals, will not only provide quality stock supply but also significantly elevate Vietnam’s capital market …
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TechWorld Markets
Shares in Ray-Ban Maker EssilorLuxottica Soar to All-Time High as Meta AI Glasses Fuel Record Sales
The Paris-listed group’s stock jumped 14% on Friday, adding nearly $20 billion to its market capitalization and marking its biggest single-day gain since 2008.
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The sharp decline was triggered by media reports detailing two separate, high-profile accidents involving the model this week.
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MARKETS
Vietnam Stocks Suffer Steepest Drop in Over a Month Amid Strong Selling Pressure
by Dean Dougnby Dean DougnVietnamese equities experienced a significant downturn, with the VN-Index plummeting by nearly 36 points
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World Markets
Wall Street Wobbles as Regional Bank Woes, Political Headwinds Fuel Global Uncertainty
by Dean Dougnby Dean DougnDespite the turbulence, the S&P 500 is up nearly 1.2% this week, with the Dow adding 1% and the Nasdaq …
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World Markets
Global Markets Shrug Off Trade Tensions, Propelled by AI and Strong Earnings
by Dean Dougnby Dean DougnThe underlying strength of the AI trade continues to serve as a significant catalyst, though it also raises concerns about …
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Foreign investor activity provided a significant boost to the Vietnamese market on October 16, as they returned to a net …