April market overview – VnIndex fell after five months of gaining;

In April, VnIndex lost 74.57 points, or -5,81%, down to 1,209.52 points. The market pushed back the expectation for the timing of the Fed’s rate cut;

The average trading value on 3 exchanges reached VND 24,406 billion, tumbling 16.57% compared to the previous month;

In April, foreign investors net sold VND 5,990 billion on HOSE. The Fed’s decision to prolong maintaining a high interest rate sustained the strength of the DXY, which may continue to negatively affect foreign capital flow into Vietnam in the short term;

Opportunities appeared in large-cap tickers thanks to attractive valuations;

BVSC’s recommended stocks in May.