Steelcase Beats Q1 Expectations, Stock Jumps
Steelcase (NYSE:SCS) reported first-quarter fiscal 2025 results in line with expectations, leading to a 10% jump in its stock price. The company's revenue and earnings per share met analyst forecasts.
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VN-Index Closes Week Above 1,325 Points
The Vietnamese stock market maintained its positive momentum, with the VN-Index closing the week above 1,325 points. Strong buying force, particularly from foreign investors, propelled the market higher. Increased liquidity suggests growing investor confidence, despite lingering concerns about global economic uncertainties. Several large-cap stocks in the banking, real estate, and securities sectors contributed significantly to the index's rise. This upward trend follows recent positive economic data releases and signals potential for further growth in the coming weeks.