On October 4, 2024, the stock market recorded remarkable developments, providing investors with multi-dimensional information about trends and growth potential. Below is a summary of some outstanding news and analysis of the market situation.
Summary of news about the stock market
Dividend Hunting: High Price Trap, Opportunity If Valuable Right
- Signal: Neutral
- Impact on: VN-Index, stocks preparing to pay dividends
- Comment: The news emphasizes the need to analyze stock valuations instead of just focusing on dividends, helping investors have a more balanced view.
Vietnam's leading auto company still has a bad listing plan
- Signal: Neutral
- Impact on: VEA, stock codes of Honda, Toyota, Ford
- Comment: VEA's listing issue is still facing difficulties, but the business prospects of affiliated companies such as Honda, Toyota, and Ford are assessed positively.
High-speed railway and urban projects create a construction market worth 75.6 billion USD, a great opportunity for domestic contractors
- Signal: Positive
- Impact on: Construction and building materials stocks such as HBC, HPG, FCN, BCC,...
- Comment: This news will boost cash flow into construction and building materials stocks thanks to the great growth prospects from large infrastructure projects.
Oil stocks bounce back, trading is active
- Signal: Positive
- Impact on: PVS, PVD, PVC, PVB, GAS, BSR,…
- Comment: Oil and gas stocks increased strongly thanks to the high world crude oil price, creating a positive signal for the market.
Slowdown in the rate of new account openings by domestic investors
- Signal: Negative.
- Impact on: VN-Index, stocks of securities companies.
- Comment: The news reflects investors' concerns about the market's difficulty in surpassing the 1,300-point threshold.
Ministry of Construction investigates violations at DIC Corp
- Signal: Negative
- Impact on: DIG, real estate stocks
- Comment: The investigation could put pressure on DIG's business operations, affecting the real estate industry's prospects.
Ministry of Construction takes action to handle violations at DIC Corp
- Signal: Neutral
- Impact on: DIG
- Comment: The decision to handle violations may put pressure on DIG's business operations in the short term.
Effective portfolio management with specialized investment process from DFVN
- Signal: Positive
- Impact on: Open-end funds of Dai-ichi Life Vietnam (DFVN)
- Comment: This news demonstrates DFVN's effective portfolio management strategy, which may make investors more interested in
Hung Thinh, NVL, SZC propose planning a series of key projects in Ba Ria - Vung Tau
- Signal: Positive
- Impact on: HDC, NVL, SZC stocks
- Comment: This news reflects the positive growth prospects of real estate businesses in the region, creating confidence for investors.
VPS is losing market share due to super thin profit margins
- Signal: Negative
- Impact on: VPS, SSI, VND, HSC
- Comment: VPS's growth momentum may slow down, VPS stock is at risk of falling in price in the short term.
Weak cash flow causes the market to continue to correct downward points.
- Signal: Negative
- Impact on: VN-Index, HNX-Index, UpCoM-Index
- Comment: Weak cash flow caused market indices to continue to decline in the afternoon trading session on October 4.
Bank stocks put pressure, VN-Index fell deeply to 1,270 points
- Signal: Negative
- Impact on: VN-Index, banking stocks such as EIB, TCB, STB, MBB, TPB, CTG, HDB, ACB, MSB
- Comment: The banking group put great pressure on the VN-Index, causing it to drop sharply by 7.5 points to 1,270.6 points. Market liquidity also decreased significantly.
Foreign investors net sold more than 700 billion VND in the session of October 4.
- Signal: Negative
- Impact on: VHM, VRE, HDB, IDC, TNG, SHS, CEO, SGB, MCH
- Comment: Strong net selling by foreign investors could put pressure on large stocks and the general market.
The stock market news bulletin aims to provide investors with an overview, while emphasizing the importance of careful analysis before making investment decisions. Following market news from HVA The provision will help investors seize opportunities from short-term fluctuations and adjust their portfolios in line with market trends.
